We're buyers as long as the price remains above 1.22751 towards 1.25509. | 11 Oktober 2023

11 Oktober 2023, GBP/USD

We're buyers as long as the price remains above 1.22751 towards 1.25509.

During the peevious trading day, the British pound rallied to the upperside and is above 1.22751 and is currently going to the upperside. As it is right now, I am looking for a possible rally much higher. As it is right now, we are looking for a long term buy orders. The anticipated bullish price is the continuation of a corrective wave count and may see the price rally much higher towards 1.25509 and may likely continue much higher towards 1.2447.

Trade Recommendations:

We're buyers as long as the price remains above 1.22751 towards 1.25509.

Bob Stan
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