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We're buyers towards 1.33.

We're buyers towards 1.33. | 05 December 2022

05 December 2022, GBP/USD

We're buyers towards 1.33.

Wave Analysis

During the previous trading daym the British pound continued to rally to the upperside and is not showing any signs of pulling back to the lowerside. On this chart, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation off the last impulsive wave (5) and will see the price rally towards 1.336 or even higher. On this chart, we keep looking for long term buy positions.

Trade Recommendations:

We're buyers towarrds 1.33.

Bob Stan
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