We are buyers towards 1.3114. | 31 March 2022

31 March 2022, GBP/USD

We are buyers towards 1.3114.

Wave Analysis:

The Great British pound rallied to the lower side in continuation of the corrective wave cycle four,the price is currently moving to the upper side ,I expect a further bullish momentum towards 1.3365 or even much higher. The anticipated rebound to the upper side is a continuation of the impulsive wave cycle five.Look for long term buy positions from 1.3114 towards 1.3365.Unless the price breaks below the lower trendline we remain buyers.

Trade Reccommendations:

We are buyers towards 1.3114.

Bob Stan
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