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We are buyers towards 1.3570.

We are buyers towards 1.3570. | 10 February 2022

10 February 2022, GBP/USD

Wave Analysis:

The Great British Pound is currently trading within a contracting wegde formation,the price is at the lower trendline,as it is now we expect a rebound towards the upper side upto 1.3570 in continuation of the impulsive wave cycle five.However, should the price break and close below the lower trendline then this would be a good place to look for a sell towards 1.3495, but as of now we are buyers.

Trade Reccommendations:

We are buyers towards 1.3570.

Bob Stan
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