We are buyers towards 1.2855. | 03 June 2022
03 June 2022, GBP/USD
Wave Analysis:
During the previous trading days, the price rallied along the upper trendline for a while before bouncing off to the lower trendline at the corrective wave cycle four. Currently the price is on the lower trendline rallying towards the upper side. I expect a rebound towards 1.2855 ibn continuation of the impulsive wave cycle five. If you are looking at this pair now, pick a buy from 1.2571 towards 1.2855.
Trade Recommendations:
We are buyers towards 1.2855.
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.
