30 March 2021, GBP/USD
Wave Analysis
Yesterday, the British pound continued slightly to the lowerside but failed to reach the level 23.8% fib level. As it is now, we are still looking for further momentum to the lower side expecting the price to break below 23.6% fib level and should push the price much lower towards 38.2% fib level or even lower. A rebound from 1.37584 will mean we are looking for long term buy position expecting the price to continue to the upperside and should breakout above 1.42855 towards 1.48130.
Trade Recommendations:
Look for long term buy positions towards 1.42855.