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We are buyers from 1.3588 towards 1.3845.

We are buyers from 1.3588 towards 1.3845. | 21 January 2022

21 January 2022, GBP/USD

Wave Analysis:

This pair has been rallying between the upper and the lower trendline for a while now,currently the price is in a corrective move at the lower trendline,As the price is we are looking for bullish momemtum towards 1.3845 which is on the upper trendline in a move to complete the impulsive wave count.Alternatively shold the price break below the lower trendline we expect the price to go up to 1.3215.

Trade Reccommendation:

We are buyers from 1.3588 towards 1.3845.

Bob Stan
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