We're sellers towards 1.14. | 02 September 2022

02 September 2022, GBP/USD

We're sellers towards 1.14.

Wave Analysis

During the previous trading week, the British pound rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lower side and may see the price continue towards 1.15 or even lower. On the flipside, if the price pulls back upwards, then we will be waiting for a possible sell position from around38.2% fib level to pick a possible long term sell positions.

Trade Recommendations:

We're sellers towards 1.14.

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus