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We're buyers for now

We're buyers for now | 24 October 2023

24 October 2023, GBP/USD

We're buyers for now

After a rebound from the immediate lower trendline, the British pound has been in an active up trend and is still showing signs of continuing much higher. As it is right now, we expect the buyers to continue pushing price upwards with the next ideal target set along the upper trendline, the anticipated bullish price rally is the continuation of the last impulsive wave (c) to the upperside and may accelerate much higher with the next ideal target set around 1.26790.

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We're buyers for now

Bob Stan
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