Remain long towards 1.35 | 11 نوفمبر 2020
11 نوفمبر 2020, GBP/USD
Wave Analysis
During the previous trading day, the British pound continued to the upperside and is still pretty much bullish. Following the breakout above the upper trendline, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of an impulsive wave count and could see price break and close above 1.33 or even higher. If the price pulls back to the lowerside, then the best place to look for a buy is from the same trendline with an ultimate target at 1.35.
Trade Recommendations:
Remain long towards 1.35
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.
