We are sellers. | 17 March 2022

17 March 2022, GBP/USD

Wave Analysis:

The Great British Pound is currently on a downtrend, the price is on the upper trendline in a corrective wave cycle four.We expect the price to bounce off to the lower side in continuation of the impulsive wave cycle five.On the flip side, should the price break clearly above the upper trendline, we expect to continue upwards with our first ideal target at 1.3415.

Trade Reccommendations:

We are sellers.

Bob Stan
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