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We are buyers towards 1.3390.

We are buyers towards 1.3390. | 04 Abril 2022

04 Abril 2022, GBP/USD

We are buyers towards 1.3390.

Wave Analysis:

Previously the Great British Pound rebounded to the lower trendline in continuation of the corrective wave count four.This pair is currently trading on an uptrend,I expect a further bullish momentum towards 1.3390 in continuation of the impulsive wave cycle five.On the flipside, should the price break below the lower trendline clearly,then 1.3090 would be a good place to pick sell positions from with our first ideal target at 1.2950.

Trade Reccommendations:

We are buyers towards 1.3390.

Bob Stan
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