27 May 2022, GBP/USD
Wave Analysis:
This pair is currently on an uptrend,the price has been trading within the upper and the lower trendline for a while now.During the previous trading days,the price rebounded from the lower trendline towards the upper side at the impulsive wave cycle five.From where the price is at the moment, I expect a break above the upper trendline and a further bullish momentum.If you are ,looking at this pair right now,wait for a break above the upper trendline then pick a buy.
Trade Recommendations:
Wait.