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We're buyers towards 1.44

We're buyers towards 1.44 | 12 August 2021

12 August 2021, GBP/USD

We're buyers towards 1.44

Wave Analysis

According to the weekly chart attached, Euro is currently in an active up trend. As long as the indicator attached is blue, we are looking for long term buy positons. The anticipated bullish price rally is the continuation of the last impulsive wave (v) and should breakout beyond 1.43190 and may extend much higher towards 1.44 or even higher. The idea in this case, will be to keep looking for long term buy poistions especially after pullbacks. On the chart attached, if the indicator turns red, then we will be intrested in sell positions.
Trade Recommendations:
We're buyers towards 1.44
Bob Stan
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