We are buyers towards 1.3570. | 10 Februari 2022

10 Februari 2022, GBP/USD

Wave Analysis:

The Great British Pound is currently trading within a contracting wegde formation,the price is at the lower trendline,as it is now we expect a rebound towards the upper side upto 1.3570 in continuation of the impulsive wave cycle five.However, should the price break and close below the lower trendline then this would be a good place to look for a sell towards 1.3495, but as of now we are buyers.

Trade Reccommendations:

We are buyers towards 1.3570.


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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