We're looking for a buy above 1.40200 towards 1.42165. | 30 April 2021

30 April 2021, GBP/USD

We're looking for a buy above 1.40200 towards 1.42165.
Wave Analysis
We continue to see struggling within the range 1.40200 and 1.36925. As long as the price does not clearly break beyond any of these levels we are only interested in reversals. A reversal from 1.36925 will attract a buy while a reversal from 1.48200 will attract a possible sell towards 1.36925. And should the price break above 1.40200, then further momentum to the upper side is expected with an ultimate target set at 1.42165. On the other side, a break below 1.36925 will attract a possible sell towards 1.34360.
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Trade Recommendations:
We're looking for a buy above 1.40200 towards 1.42165.

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Bob Stan
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