GBP/USD. Expectations for growth in the third impulse wave persist. | 21 January 2025
21 January 2025, GBP/USD
The pound did not miss the opportunity provided and also attempted to improve its position. Here, buyers found success, as the price rose and slightly updated the local maximum. It is likely that the third wave of an upward impulse is forming in this trading pair.
If this is true, we have a very attractive opportunity to enter buy positions at the current price levels, as the third wave is far from completion.
The unrealized potential for upward movement looks very interesting, so it is recommended to consider the possibility of entering buy positions at the current market values.
Investment idea: Buy 1.2280, Stop Loss 1.2255, Take Profit 1.2600.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
