We are buyers towards 1.2645. | 25 May 2022
25 May 2022, GBP/USD
Wave Analysis:
The Great British Pound is currently trading on an uptrend, during the previous trading days the price bounced off from the impulsive wave cycle three towards the lower side at the corrective wave cycle four. Right now the price is rallying along the lower trendline, I expect a rebound towards the upper side in continuation of the impulsive wave cycle five. We are buyers from 1.2537 towards 1.2645 or even much higher.
Trade Recommendations:
We are buyers towards 1.2645.
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.
