We're buyers towards 1..40190 | 25 August 2021

25 August 2021, GBP/USD

We're sellers towards 1.13025.

Wave Analysis
After a rebound from from the level 1.36142, the British continued to the upperside and is still pretty much bullish. As it is right now, we are expecting further momentum to the upperside, and should breakout above 1.39340 and may extend much higher. As it is right now, keep looking for further momentuim to the upperside and should breakout a bit higher towards 1.41915.
Trade Recommendations:
We're buyers towards 1..40190
Bob Stan
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