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Wait | 31 Mei 2021

31 Mei 2021, GBP/USD

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Wave Analysis

The British pound is still struggling below the level 1.42155. If the price can break and close above 1.42155, then this will be a good place to pick a possible long term buy position. In case the price rebound from the same level, then this will be a good place to consider a possible long term sell position with an ideal target set at 1.39696. On its way to the lowerside, the key levels to look for include 1.41530, 1.40205 and 1.39875. If the price breaks above 1.42155, then this will mean we are continuing to the upperside.

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