GBP/USD Forecast: bullish price rally is the continuation of the impulsive wave

gbp-l3Wave Analysis

During the previous trading day, the cable continued to the upper side and is still very much bullish both on the daily and the weekly charts. Following the break above 1.30366, we expect further momentum to the upperside. And as long as the price remains above 1.30366 we expect further momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (c) and should break above 1.33030 but should not go higher than 1.43680, if this is the case, then further movements to the upperside is expected.

Trade Recommendations:

we’re long above 1.30366

we're long above 1.30366

Origin: FreshForex

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