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We're watching for possible buy places

We're watching for possible buy places | 08 Juni 2021

08 Juni 2021, GBP/USD

We're bullish upwards 1.45.

Wave Analysis

during the previous trading day, the British pound closed as a bullish pin bar, however, earlier today, the british pound rallied to the lowerside and is still pretty much bearish on the lesser timeframes. As it is now, we are watching for a possible buy position from around the previous day's lowest low. If the price should close below this low, then we will be expecting further rally to the lowerside with an ultimate target set around 1.39860 and may extend much lower with the next ideal target set around
1.36045
Trade Recommendations:

We're watching for possible buy places

Trade Recommendations:

We're buyers with an ideal target set at 1.25 or even higher towards 1.26 or even higher.

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Bob Stan
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