We're sellers | 12 October 2022
12 October 2022, GBP/USD
Wave Analysis:
Yesterday, the British pound continued to rally to the lowerside and is still showing signs of continuing much lower. As it is right now, we are looking for a possible breakout below the previous day's lowest low to pick a possible long term sell position. The idea on this chart is to keep looking for long term sell positions as long as the price keeps breaking below the previous day's lowest lows.
Trade Recommendations:
We're sellers
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
