We're buyers | 29 March 2023

29 March 2023, GBP/USD

GBPUSD has been bullish since the beginning of this week. The market is in a corrective phase ( ABC corrective pattern). Additionally, the market appears to be forming a new trend, as evidenced by the rising wedge pattern seen on the chart. This pattern began from the minor corrective wave A at (1.1825) and is typically seen as a reversal pattern. We have already seen two touches on the upper trendline, and it is recommended to wait for a third touch before entering sell trades. If you currently hold a buy trade, it is advisable to close it at (1.2429).

Trade Recommendations:

We're buyers

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus