We're long for now | 16 Junio 2023
16 Junio 2023, GBP/USD
GBPUSD has experienced a decisive breakout above the resistance zone at 1.2668, aligning with our previous analysis (6/15/2023). The pair is still in the process of completing the impulsive phase. The bullish breakout above the resistance zone serves as a strong confirmation of the bullish sentiment in the market. As a result, it is now appropriate to consider entering buy orders. For buy positions, it is advisable to set a take-profit target at the major impulsive wave 'V,' which is projected to reach 1.3312.
Trade Recommendations:
We're long 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.
