We're buyers towards 1.1589. | 05 اكتوبر 2022
05 اكتوبر 2022, GBP/USD
Wave Analysis
During the previous trading day, the British pound rallied to the upperside and is now above the level 1.14640. As long as the price remains above this zone, I recommend nothing but a possible momentum to the upperside. On this chart, I recommend looking for buy positions now, with our target set 1.15 and could continue much higher. On the flipside, only a break below 1.14266 will attract a possible sell position.
Trade Recommendations:
We're buyers towards 1.1589.
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.
