We're buyers towards 1.41. | 31 Agosto 2021
31 Agosto 2021, GBP/USD
Wave Analysis
Just as Euro, the British rallied slightly to the upperside but is still pretty much bullish. As it is right now, we are buyers. We're waiting for a pullback towards the previous day's opening price to pick a possible long term buy position, we are expecting the price to continue to the upperside with an ideal target set around 1.4182 and may continue much higher. On the flipside, should the price break below the previous day's lowest low, then this will be a good place to consider a possible momentum to the lowerside.
Trade Recommendations
We're buyers towards 1.41.
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.
