We're waiting for a bearish correction. | 23 Januari 2023
23 Januari 2023, GBP/USD
Wave Analysis:
The British pound is currently in a bullish bias momentum. As long as the price remains above 1.22900, we are looking for low risk buy positions towards 1.25 and may continue to the upperside towards 1.26 or even higher. On the flipside, should the price break below 1.23390 and may see the price rally to the lowerside towards 1.22410 and may continue much lower.
Trade Recommendations:
We're waiting for a bearish correction.
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.
