We're buyers for now | 15 Junio 2023
15 Junio 2023, GBP/USD
GBPUSD continues to exhibit strong bullish sentiment. The market is still in the process of forming the impulsive major wave 'V', with a target set at 1.2986. At present, the market is approaching a resistance zone at 1.2694. The expectation is for the market to break above this zone with an impulsive move, potentially forming a bullish continuation pattern such as a double bottom. This pattern would indicate further upward momentum, supporting the notion of the market rising toward the target of 1.2986.
Trade Recommendations:
We're buyers for now
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.
