We are short term buyers towards 1.3575. | 07 March 2022

07 March 2022, GBP/USD

We are short term  buyers towards 1.3575.

Wave Analysis:

Previously the Great Britain Pound bouced off from the upper trendline and rallied to the lower side.The price is currently on the lower trendline,we expect a rebound from the lower side towards 1.3575 in continuation of the corrective wave cycle four,then the price to bounce back to the lower trendline in continuation of the impulsive wave count five.If you are looking at this pair right now,pick short term buy positions from 1.3216 towards 1.3575.

Trade Reccommendtions;

We are short term buyers towards 1.3575.

Bob Stan
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