07 Tháng mười hai 2022, GBP/USD
Wave Analysis
During the previous trading day, the British pound pulled back to the lowerside but is still above 1.21557. This is a key level and while the price does not break and close below it, we are waiting for a clear rebound from it to pick a possible long term buy position. On the flipside, should the price break and close below 1.21557, then this will be a good place to consider a possible long term sell position towards 1.1949 and may break below it.
Trade Recommendations:
We're waiting for a possible buy signal around 1.215