Saved local copy captured 2026-11-01. Data is a snapshot, not a live feed.

GBPUSD – Waiting for a steady decline

20.12.2021

The 1.3400 level turned out to be too strong for the bulls, which led to a rebound and a subsequent reversal movement. As part of the scenario, the decline began in the form of wave [c] of y. This movement has good prospects, which gives a reason for opening short trades.

The optimal point for placing Sell orders is 1.3170 with a potential target of 1.3070.

Idea: Sales 1.3170, SL 1.3190, TP 1.3070.