Elliott waves analysis – We’re buyers

GBPUSD – Flat

Trade Recommendations:

During the previous week, the British pound rallied to the upperside and is still showing signs of continuing to the upperside. As it is right now, I am looking at nothing but a possible momentum to the upperside. On this chart, we expect buyers to be in complete control towards 1.2612 and may rally much higher with the next ideal target set around 1.27.

Trade Recommendations:

We’re buyers

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