We're buyers towards 1.21283 | 04 January 2023
04 January 2023, GBP/USD
Wave Analysis:
During the previous trading day, the British pound rallied to the lowerside but could not go beyond 1.19155. As long as the price remains above 1.19155, we are waiting for a rebound from this level to pick a possible long term buy position towards 1.2128 and may likely continue to the upperside towards 1.23 or even higher.
Trade Recommendations:
We're buyers towards 1.21283
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.
