01 April 2021, GBP/USD
Wave Analysis
Following the decline seen last week, this week, nothing significant is happening on this chart, we are still seeing a rally between 1.36310 and 1.138740. This is a good range and while the price remains within it, we are waiting for a sell from around 1.38740 and a buy from 1.36310. If the price breaks below 1.36310, then this will be a good place to consider possible long term sell position towards 1.355000. And in case the price breaks above 1.38740 , then we will be looking for long term buy positions towards 1.41980.
Trade Recommendations:
Wait