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We're buyers towards 1.41We're buyers towards 1.41

We're buyers towards 1.41We're buyers towards 1.41 | 09 September 2021

09 September 2021, GBP/USD

We're buyers towards 1.41We're buyers towards 1.41

Wave Analysis:

During the previous trading, the British pound rallied to the lowerside but ended up closing as a bullish pin bar. As it is right now, we're looking at the possibility that the price may continue to the upperside. As it is right now, we are buyers. We're looking forward to an impulsive wave count and should see the price break beyond 1.3833 and should continue much higher with the next ideal target set around 1.42. If you are looking at thus chart right now, keep looking for low risk buy positions, this view can only be invalidated in case the price breaks below the previous day's lowest low.
Trade Recommendations:
We're buyers towards 1.41
Bob Stan
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