GBPUSD – the price will continue to decline

09.12.2021

At a time when the euro made an attempt to change the situation in its favor, the pound was in trouble. Dollar pressure led to another renewal of the minimum. But sellers have not yet succeeded in pushing down the price. But I think in the course of the current trading day we will see a further decline in the pair.

All this is within the framework of the same previously considered wave scenario, according to which the wave y of [c] of a double zigzag is being formed now.

Idea: sell 1.3205, stop loss 1.3220, take profit 1.3100.