09 April 2021, GBP/USD
Wave Analysis
The British pound still strunggling wikthin a range. As it is now, we are looking for a possible close above the previous week's closing price. If this is the case, then we will be looking for long term buy positions during the previous week expecting price to break above 1.40 or even higher. On the flipside, should the price break below 1.35500 then this will be a good place to consider a possible long term sell position expecting the priice to breakk below 1.33070 towards 1.32260 or even lower.
Trade Recommendations:
We're still buyers towards 1.40
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