We're buyers towards 1.22927 | 17 Agustus 2022

17 Agustus 2022, GBP/USD

Wave Analysis:

Just as previous forecasted, the British pound bounced off from the upper trendline, and is currently heading to the upperside. Following the bounce from 1.20211-1.20113, the British pound rallied to the upperside and is still showing signs of continuing much higher. On this chart, I recommend holding onto buy positions expecting a bullish rally towards 1.22927.
Trade Recommendations:
We're buyers towards 1.22927
Bob Stan
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