We're watching for a possible buy above 1.3373 towards 1.3606. | 23 December 2021

23 December 2021, GBP/USD

Wave Analysis

As previously expected,m we still expect furter momentum to the upperside. As we started during the previous day's analysis, I am expecting further momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upperside and may see the price break above 1.3510 towards 1.3606. On the flip side, a break below the level 1.3165 will push the price much lower towards 1.30.
Trade Recommendations:
We're watching for a possible buy above 1.3373 towards 1.3606.
Bob Stan
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