We are sellers.

19 4月 2022, GBP/USD

We are sellers.

Wave Analysis:

During the previous trading days, the Great British Pound rallied along the lower trendline at the impulsive wave cycle three, but the price rebounded to the upper side in continuation of the corrective wave cycle four. Currently the price is rallying towards the lower side and I expect a further bearish momentum towards the lower trendline at 1.2895 or even much lower in continuation of the impulsive wave cycle five. If you are in this pair right now pick a sell position from 1.2994.

Trade Recommendations:

We are sellers.

Graham Osano
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