01 Marzo 2022, GBP/USD
Wave Analysis:
During the previous trading days,the Great British Pound rallied on the upper trendline and eventually the price bounced off to the lower trendline.Yesterday the price gapped to the lower trendline in continuation of the corrective wave count four.If you are looking at this pair right now, look for buy positions around 1.3408 towards 1.3670. we expect a further bullish momentum towards 1.3670 in continuation of the impulsive wave cycle five.
Trade Reccommendations:
We are buyers towards 1.3670.