Look for long term buy positions towards 1.42855. | 30 Maret 2021

30 Maret 2021, GBP/USD

Look for long term buy positions towards 1.42855.

Wave Analysis

Yesterday, the British pound continued slightly to the lowerside but failed to reach the level 23.8% fib level. As it is now, we are still looking for further momentum to the lower side expecting the price to break below 23.6% fib level and should push the price much lower towards 38.2% fib level or even lower. A rebound from 1.37584 will mean we are looking for long term buy position expecting the price to continue to the upperside and should breakout above 1.42855 towards 1.48130.

Trade Recommendations:

Look for long term buy positions towards 1.42855.


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.
Bob Stan
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