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We're buyers towards 1.22140.

We're buyers towards 1.22140. | 02 January 2023

02 January 2023, GBP/USD

We're buyers towards 1.22140.

Wave Analysis

The British pound rallied to the upperside and has ended up above the 1.20240. As long as the price remains above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of a corrective wave count and may see the price rally towards 1.21380 and may likely continue to thee upperside with the next ideal target set around 1.2250.

Trade Recommendations:

We're buyers towards 1.22140.

Bob Stan
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