GBP/USD. The pound has a good opportunity for strengthening. | 08 Abril 2024
08 Abril 2024, GBP/USD
The situation with this trading pair is also unfolding within the anticipated wave scenario. Currently, it is presumed that an ascending correction is forming, representing a simple zigzag.
Previously, within this model, the development of wave b of [b] completed, and now the price is aimed at an upward movement intended to finish this three-wave pattern. This potential growth offers an opportunity for participation.
The movement's potential allows for the expectation of gaining a certain profit, so it is recommended to be ready for purchases. An optimal entry point could be the level of 1.2640.
Investment idea: Buy at 1.2640, stop loss at 1.2620, take profit at 1.2730.
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.
