GBPUSD – Flat
Wave Analysis
The British pound rallied to the upperside and has ended up above the 1.20240. As long as the price remains above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of a corrective wave count and may see the price rally towards 1.21380 and may likely continue to thee upperside with the next ideal target set around 1.2250.
Trade Recommendations:
We’re buyers towards 1.22140.
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