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We are buyers.

We are buyers. | 25 March 2022

25 March 2022, GBP/USD

We are buyers.

Wave Analysis;

The Great British Pound is trading on an expanding wedge formation on an uptrend, the price is on the lower trendline in a corrective wave cycle four, we expect a further bullish momentum towards 1.3335 in continuation of the impulsive wave cycle five. On the flipside, should the price break below the lower trendline clearly, we expect it to continue short with our first ideal target at 1.3035.But as of now we are buyers towards 1.3335.

Trade Recommendations:

We are buyers.

Bob Stan
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