Buy a break beyond 1.35360. | 16 ديسمبر 2020
16 ديسمبر 2020, GBP/USD
Wave Analysis
Yesterday, the British pound rallied to the upperside but is still below the upperside. Following the previous day's intense rally to the upperside, we expect a possible continuation to the upperside and should break beyond 1.35360 towards 1.365 or even higher. If you are looking at this chart now, keep looking for more rally to the upperside expecting price to break beyond 1.35360 towards 1.36. The anticipated bullish price rally is the continuation of the impulsive wave (5) and (v) and should first break beyond 1.35360 before a rally much higher is seen.
Trade Recommendations:
Buy a break beyond 1.35360.
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.
