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We are buyers towards 1.3645.

We are buyers towards 1.3645. | 22 February 2022

22 February 2022, GBP/USD

We are buyers towards 1.3645.

Wave Analysis:

The previous price rally to the lower side was a continuation of the corrective wave cycle four,as of now I expect a rebound to the upper side towards 1.3645.The anticipated bullish momentum is as a result of the complition of the impulsive wave cycle five.Unless the price breaks below he lower trendline clearly, we remain buyers and expect to pick long term buy positions from 1.3588 with our ideal target at 1.3645.

Trade Reccommendations:

We are buyers towards 1.3645.

Bob Stan
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