We're buyers towards the upper trendline. | 13 سبتمبر 2021
13 سبتمبر 2021, GBP/USD
Wave Analysis
Few days ago, the British pound bounced off from the lower trendline, headed to the upperside and is still pretty much bullish. As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside. As it is right now, we are looking for a possible long term buy position towards the upper trendline. If the price breaks below the lower trendline, then further momentum to the lowerside and should break below 1/36695.
Trade Recommendations:
We're buyers towards the upper trendline.
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.
