24 декабря 2020, GBP/USD
Wave Analysis
The British pound is currently in an active up trend. As it is seems that the price may eventually breakout above the end of the last impulsive wave (5) to the upperside and should breakout above 1.36720 towards 1.370 or even higher. A rebound from the the upper trendline will provide us with an ideal place to consider a possible sell position. A breakout above this level will mean we are continuing to the upper with the next ideal target set at 1.378. A break above this level will push the price much higher.
Trade Recommendations:
Remain long towards 1.36310.
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