We're buyers towards 1.17554. | 10 Noviembre 2022
10 Noviembre 2022, GBP/USD
Wave Analysis
The British pound is still rallying within the upper trendline and the lower trendline. As it is right now, I am looking for a possible rebound from the lower trendline to pick a possible long term buy position towards the upper trendline. The price needs to breaks and closes above 1.17554, if this is the case, then further momentum to the upperside is expected with the next ideal target set around 1.22.
Trade Recommendations:
We're buyers towards 1.17554.
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.
