We're buyers towards 1.3604 | 31 December 2021

31 December 2021, GBP/USD

We're buyers towards 1.3604

Wave Analysis

As long as the price remains above the zone 1.3373-1.3350, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upperside and should break above 1.3604 and may continue much higher. On this chart, buy positions looks ideal and should be considered. A break below the level 1.3350 may push the price to the lowerside towards 1.3160.

Trade Recommendations:

We're buyers towards 1.3604

Bob Stan
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