Elliott waves analysis – We’re buyers towards 1.23.

GBPUSD – Flat

Wave Analysis

The previous day’s close saw the British pound close as a bullish candle. On this chart, I am looking for nothing but a possible momentum to the upperside. On this chart, I am looking for nothing but a possible momentum the upperside. The idea on this chart, I expect nothing but a possible momentum to the upperside. This is the continuation of the last impulsive wave (5) to the upperside and will see the price extend towards 1.23.

Trade Recommendations:

We’re buyers towards 1.23.

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