16 August 2021, GBP/USD
Wave Analysis
During the previous month, the British pound closed as a bullish pin bar. As long as the price remains above the Alligator indicator and also above the trendline, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of a corrective wave count and could see the price break and close above 1.44913 an may push the price much higher. As it is now, we are buyers towards 1.44913.
Trade Recommendations
We're buyers towards 1.44913