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We're buyers towards 1.23.

We're buyers towards 1.23. | 14 December 2022

14 December 2022, GBP/USD

We're buyers towards 1.23.

Wave Analysis

During the previous trading day, the British pound rallied to the upperside and is still showing signs of continuing to the upperside. On this chart, I expect nothing but a possible momentum to the upperside. the anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and will see the price accelerate towards 1.22 and will continue much higher with the next ideal target set around 1.23.

Trade Recommendations:

We're buyers towards 1.23.

Bob Stan
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