GBPUSD – Flat
Wave Analysis:
During the previous trading day, the british pound pulled back to the upperside and is still showing signs of continuing to the upperside. As it is right now, I expect nothing but a possible rally to the upperside. We are looking for a possible break and close above 1.24335 to pick a possible long terem buy position towards 1.25 and may rally much higher.
Trade Recommendations:
We’re buyers towards 1.24335
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