08 Juli 2022, GBP/USD
Wave Analysis:
During the previous trading days, the price rallied from the corrective wave cycle two towards the upper side at the impulsive wave cycle three. As at now the price is rallying to the lower side, I expect it to go up to 1.1815 at the corrective wave cycle four then rebound towards the upper side in continuation of the impulsive wave cycle five. If you are looking at this pair right now, pick a sell from 1.2003 towards 1.1815.
Trade Recommendations:
We are sellers.