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Wait. | 27 May 2022

27 May 2022, GBP/USD

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Wave Analysis:

This pair is currently on an uptrend,the price has been trading within the upper and the lower trendline for a while now.During the previous trading days,the price rebounded from the lower trendline towards the upper side at the impulsive wave cycle five.From where the price is at the moment, I expect a break above the upper trendline and a further bullish momentum.If you are ,looking at this pair right now,wait for a break above the upper trendline then pick a buy.

Trade Recommendations:

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Bob Stan
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