We're waiting to buy a rebound from the immediate trendline. | 20 August 2021

20 August 2021, GBP/USD

We're buyers towards 1.44913

Wave Analysis:
The British pound is yet to continue upwards as we indicated previously, as it is right now, we expect nothing but a possible momentum to the uppers ide but should not go beyond 1.44913 and may extend much higher. If you are on this chart right now, keep looking for long term buy positions towards 1.44913 and may extend much higher. On this chart, the best place to buy from is around the immediate trendline.
Trade Recommendations:
We're waiting to buy a rebound from the immediate trendline.
Bob Stan
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