We're buyers towards 1.200. | 17 Noviembre 2022
17 Noviembre 2022, GBP/USD
Wave Analysis:
The British pound continues to rally above the upper trendline. While we see sustaince above this level, we expect nothing but a possible momentum to the upperside, the idea on this chart is to keep looking for low risk buy positions expecting a possible break above 1.200 and will push the price much higher towards 1.22 or even higher. On this chart, sell positions looks a bit risky and may not be recommended.
Trade Recommendations:
We're buyers towards 1.200.
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.
