We're buyers for now | 19 Junio 2023

GBPUSD has indeed demonstrated a significant breakout above the resistance zone at 1.2668, validating our previous analysis from June last week. The pair remains in the process of finalizing the impulsive phase. The decisive bullish breakout above the resistance zone provides a strong affirmation of the prevailing bullish sentiment in the market. Considering this development, it is now appropriate to contemplate entering buy orders. For buy positions, it is recommended to establish a take-profit target at the major impulsive wave 'V,' with a projected level of 1.3312. This target reflects the anticipated continuation of the bullish trend.

Trade Recommendations:

We're buyers for now