GBPUSD – The pair growth will continue

12.07.2023

The pound confidently continued to grow, having updated the maximum of the current year. But the British currency is unlikely to stop there. The situation at the moment is quite favorable for it, as the development of the upward impulse in which wave 3 is formed.

At the moment, it is not yet completed, so we are expected to continue to grow. The expected trajectory of the movement is marked on the above chart. As can be seen from this chart, the price has room to grow, so the conclusion of buy deals has good enough prospects.

Recommendations: Buy 1.2955, SL 1.2930, TP 1.3200.