We're waiting for a rebound from 1.21557 to pick a buy position. | 12 ديسمبر 2022

12 ديسمبر 2022, GBP/USD

We're waiting for a rebound from 1.21557 to pick a buy position.

Wave Analysis:

Then british pound continues to rally within a range, not going below 1.221557 or above 1.2339. As long as the price remains within this range, we are only intrested in reversals. We are basically waiting for a break above 1.23339 to pick a possible long term buy position, or a break below 1.21557 to pick a possible long term sell position.
Trade Recommendations:
We're waiting for a rebound from 1.21557 to pick a buy position.

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.
Bob Stan
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