We are looking for a possible long term buy position. | 25 May 2021

25 May 2021, GBP/USD

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Wave Analysis

The impulsive wave (v) continues to rally to the upper side and is still pretty much bullish both on the daily and on the weekly charts. The anticipated bullish price rally is the continuation of the impulsive wave (v) to the upperside and should break above 1.42950 towards 1.50 or even higher. In case the price breaks below the black line, then further momentum to the lowerside is expected towards 1.36680 and may breakout much lower towards 1.33560 or even lower.

Trade Recommendations:

We are looking for a possible long term buy position.

This is the seventh portfolio developed by FreshForex specialists. Each of the previous six portfolios showed positive results, with a total return of 86.2%.

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1. Make a deposit of $80 or more until May 30.

Bob Stan
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