We're waiting for a possible buy signal around 1.215 | 07 ديسمبر 2022
07 ديسمبر 2022, GBP/USD
Wave Analysis
During the previous trading day, the British pound pulled back to the lowerside but is still above 1.21557. This is a key level and while the price does not break and close below it, we are waiting for a clear rebound from it to pick a possible long term buy position. On the flipside, should the price break and close below 1.21557, then this will be a good place to consider a possible long term sell position towards 1.1949 and may break below it.
Trade Recommendations:
We're waiting for a possible buy signal around 1.215
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.
