Elliott waves analysis – We’re sellers

GBPUSD – Flat

Wave Analysis:

While on EURUSD the price is below a monthly zone, the British pound is around a significant monthly support zone. On this chart, we are strictly buyers on this chart. On the otherside, if the price breaks below this zone, we will be expecting further sell positions just as we are looking for a sell on EURUSD. Basically, we are looking forward for a sell positions.
Trade Recommendations:
We’re sellers

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