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.


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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