We're buyers | 06 Junio 2023
06 Junio 2023, GBP/USD
GBPUSD is currently exhibiting strong bullish momentum, aligning with our previous analysis from June 4, 2023. As predicted, the price has risen from the level of the minor corrective wave "b" at 1.2371. The pair remains in a corrective phase, and based on the chart provided, the market is presently forming the minor wave "c" with a target set at 1.2651. You may consider placing buy orders at the current market price, with a take profit level at 1.2651. If you are already in a buy trade, it is advisable to adjust your stop loss to breakeven to protect your profits.
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.
