We're buyers | 27 Marzo 2023

27 Marzo 2023, GBP/USD

We're buyers

GBPUSD has been bullish since last week. The market is in a corrective phase ( ABC corrective pattern). I expect the price to be bullish at least up to 1.2410 The market is forming higher highs and higher lows meaning the trend is still bullish. I expect this buy to by least up to 1.2410, that is where we expect the end of minor c corrective wave c to be. The price reaching this zone will mark the end of the corrective phase. you can place buy orders now with your profit target at 1.2410. The stop loss should be below the support zone (1.2182).

Trade Recommendations:

We're 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.
Bob Stan
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