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Remain long with your towards 1.34930.

Remain long with your towards 1.34930. | 23 January 2020

23 January 2020, GBP/USD

Remain long with your towards 1.34930.

Wave Analysis

Perfectly as previously forecasted, the cable bounced off from the supportive level 1.30168-1.29869 and is currently heading to the upper side, as long as the price remains above the upper trend line and also above the level 1.30168-1.29869, we expect nothing but a possible momentum to the upper side. If you took a buy position previously, you should remain long, expect price to continue massively to the upper side and should break beyond 1.34930 towards 1.3591 or even higher towards 1.36.

Trade Recommendations:

Remain long with your towards 1.34930.

Bob Stan
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