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Wait | 02 April 2021

02 April 2021, GBP/USD

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Wave Analysis

The British pound is currently above the current week's opening price. If current week can close green, then this will be a good indication that we are continuing to the upper side towards 1.39550 and could breakout much higher towards 1.41980 or even higher. On the flip side, should the price breakout below 1.37120, then this will be a good place to consider a possible long term sell position expecting the price to continue to the lower side with the next ideal target set at 1.3550.

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Bob Stan
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