09 марта 2022, GBP/USD
Wave Analysis:
Previously this pair rallied to the upper side but eventually continued downwards in line with the down trend. The price is currently on the impulsive wave cycle five, we expect the price to continue downwards. Should the price retrace to the upper side in a move to correct the impulsive wave cycle five, we expect it to go up to around 1.3425 then bounce back to the lower side.
Trade Recommendations;
We are short.
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