We're buyers towards 1.21630 | 18 November 2022
18 November 2022, GBP/USD
Wave Analysis:
After a failed attempt to break and close again below the lower trendline, the British pound has now embarked on an upward rally. While we continue to see sustainance above this trendline,we are looking for nothing but a possible extension of the last impulsiuuve wave (5) to the upperside and will see the price rally towards 1.21630 and may push the price much higher.
Trade Recommendations:
We're buyers towards 1.21630
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.
