We're buyers towards 1.3790 | 29 Diciembre 2021
29 Diciembre 2021, GBP/USD
Wave Analysis:
The British pound is slowly gaining momentum to the upperside. As we mentioned in our previous forecast, while the price remains above the previous day's highest high, I expect nothing but a possible momentum to the upperside. The idea is to keep looking for low risk buy positions expecting a break beyond 1.3530 towards 1.3790 and may continue much higher. This idea remains true as long as the price is held above 1.3335. A break below this level will pu8sh the price much lower towards 1.30.
Trade Recommendations:
We're buyers towards 1.3790
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.
