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Remain long

Remain long | 15 April 2020

15 April 2020, GBP/USD

Remain long

Wave Analysis

During the previous trading day, the British Pound surged much higher and is still pretty much bullish both on the daily and on the weekly. We're anticipating a possible sustained move above 1.24890, while this is true that the price is above, 1.24890, we are looking for more long positions towards 1.32981. If you are on this chart, we recommend looking for further long positions. A pullback towards 1.202321-1.21352 will give us the best place to consider a low risk buy order.

Trade Recommendations:

Remain long.

Bob Stan
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