03 Juni 2022, GBP/USD
Wave Analysis:
During the previous trading days, the price rallied along the upper trendline for a while before bouncing off to the lower trendline at the corrective wave cycle four. Currently the price is on the lower trendline rallying towards the upper side. I expect a rebound towards 1.2855 ibn continuation of the impulsive wave cycle five. If you are looking at this pair now, pick a buy from 1.2571 towards 1.2855.
Trade Recommendations:
We are buyers towards 1.2855.