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We are buyers towards 1.3580.

We are buyers towards 1.3580. | 11 March 2022

11 March 2022, GBP/USD

We are buyers towards 1.3580.

Wave Analysis:

This pair has been trading within the upper and the lower trendline fo a while now,currently the price is on the lower trendline in an impulsive wave cycle three.We expect a rebound to the upper side towards 1.3580 in continuation of the corrective wave cycle four.However, should the price break clearly below the lower trendline, we expect to continue short, but as of now we are buyers towards 1.3580.

Trade Reccommendations;

We are buyers towards 1.3580.

Bob Stan
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