We are buyers towards 12125. | 27 Julio 2022

27 Julio 2022, GBP/USD

Wave Analysis:

This pair has been trading within the upper and the lower trendline for a while, during the previous trading days, the price rallied around the upper trendline at the impulsive wave cycle three before bouncing off towards the lower trendline at the corrective wave cycle four. Right now the price is rallying towards the upper side ,I expect it to go up to around 1.2125 or even much higher in continuation of the impulsive wave cycle five.

Trade Recommendations:

We are buyers towards 12125.


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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