GBP/USD: Bullish Scenario Remains Relevant. | 07 Junio 2024

07 Junio 2024, GBP/USD

GBP/USD: Bullish Scenario Remains Relevant.

The current situation for this pair is similar to what we see with EUR/USD. Nothing significantly important happened during the past trading day; the price remained in a very narrow range throughout the day, without deciding which direction to move next.
The decision was postponed for some time. Perhaps today we will see a resolution. For now, the bullish scenario remains relevant in the near term.
A rise is expected, driven by the development of the final wave 5 of the ascending impulse. Following this, a corrective pullback movement is anticipated. In this situation, it is advisable to try buying on the update of the local maximum.
Investment Idea: Buy at 1.2810, stop loss at 1.2790, take profit at 1.2890.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.