We are buyers towards 1.3925. | 02 March 2022

02 March 2022, GBP/USD

We are buyers towards 1.3925.

Wave Analysis:

Previously this pair bounced off from the upper trendline to the lower trendline in a move to correct the previous impulsive wave count. Currently the price is on the lower trendline,unless their is a clear breakout below the lower trendline,I expect bullish momentum from the lower trendline towards 1.3925 or even much higher.As of now we are long term buyers.

Trade Reccommendations;

We are buyers towards 1.3925.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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