We are sellers from the upper trendline with an ideal target at 1.3560. | 18 January 2022

18 January 2022, GBP/USD

Wave Analysis:

The Great Britain Pound has been on a range between the upper trendline and the lower trendline,currently the price bounced back from the upper trendline with a big bearish candle,and I expect a downward momentum to the lower side upto the lower trendline to complete impulsive wave 5,with an altimate target at 1.3560.

Trade Reccommendations:

We ate sellers from the upper trendline with an ideal target at 1.3560.

Bob Stan
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