We're buyers for now towards 1.176669. | 27 Octubre 2022

27 Octubre 2022, GBP/USD

Wave Analysis

Yesterday, the British pound rallied to the upperside and even went above the upper trendline, on this chart, we are looking for a possible rebound from the level 1.17669 to pick a sell position with our target set around 1.07875 and may likely break and close below it, on this chart, we're buyers for now. On the flipside, a break below 1.13930 may trigger a sell towards 1.08935.

Trade Recommendations:

We're buyers for now towards 1.176669.


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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