We're buyers towards 1.1921 | 07 اكتوبر 2022
07 اكتوبر 2022, GBP/USD
Wave Analysis
Yesterday, The British pound rallied to the upperside and is now above the zone 1.14640-1.14266. As long as the price remains above this zone, I am looking for nothing but a possible momentum to the upperside. The anticipated bullish price rally is an extension of the last impulsive wave 5 to the upperside and may see the price rally much higher towards 1.17 and will extend much higher.
Trade Recommendations:
We're buyers towards 1.1921
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.
