We are long towards 1.2555. | 02 Junio 2022
02 Junio 2022, GBP/USD
Wave Analysis:
During the previous trading days,the price rallied along the upper trendline at the impulsive wave cycle three for quite sometime, but ended up bouncing off to the lower trendline at the corrective wave cycle four. Right now the price is around the lower trendline ,I expect a rebound towards the upper trendline around 1.2555 in continuation of the impulsive wave cycle five. If you are looking at this pair now, pick a buy from 1.2484 towards 1.2555.
Trade Recommendations:
We are long towards 1.2555.
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.
