We are buyers. | 28 Junio 2022
28 Junio 2022, GBP/USD
Wave Analysis:
The Great British Pound has been trading within the upper and the lower trendline for a while now, recently the price bounced off from the impulsive wave cycle three towards the lower trendline at the corrective wave cycle four. As at now the price is ralling around the lower trendline. I expect a further bullish momentum from 1.2269 towards 1.2350 in continuation of the impulsive wave cycle five. On the flipside should the price break below the lower trendline then 1.2260 would be an ideal place to pick a sell from.
Trade Recommendations:
We are buyers.
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.
