Look for low risk buy orders | 13 Julio 2023
13 Julio 2023, GBP/USD
GBPUSD remains strongly bullish, with the impulsive phase expected to continue. The market is presently in the formation of the major impulsive wave "V". Our analysis indicates further upward momentum, targeting a minimum of 1.2984. Reaching this level will mark the completion of the impulsive phase and the start of the corrective phase. For traders currently in a profitable buy trade, it is advisable to adjust the stop loss to breakeven and set the take profit at 1.2984 to secure potential gains.
Trade Recommendations:
Look for low risk buy orders
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.
