We're buyers towards 1.22927 | 17 August 2022
17 August 2022, GBP/USD
Wave Analysis:
Just as previous forecasted, the British pound bounced off from the upper trendline, and is currently heading to the upperside. Following the bounce from 1.20211-1.20113, the British pound rallied to the upperside and is still showing signs of continuing much higher. On this chart, I recommend holding onto buy positions expecting a bullish rally towards 1.22927.
Trade Recommendations:
We're buyers towards 1.22927
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.
