Elliott waves analysis – We’re buyers towards 1.23339

The British pound continues to around 1.21557. This is a key level and while the price rallies around this level, we are looking forward for a possible bullish price rally and may see the price rally to the upperside with the next ideal target set around 1.23339 and may see further rally towards 1.25 or even higher. On this chart, buy positions are ideal towards 1.30 or even higher.

We’re buyers towards 1.23339