We're long | 30 Julio 2021

30 Julio 2021, GBP/USD

Wait and sell a rebound from the upper trendline towards 1.3515.

Wave Analysis
British pound continues to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts. If the price can close above the upper trendline by the end of today, then we will be expecting further momentum to the upperside and should break beyond 1.3915 towards 1.415 and may extend even higher. On the otherside, if the price breaks below the same trendline to the lowerside, then we are sellers towards 1.3565.
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We're long
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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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