GBPUSD – Rate Hike – Bullish Impulse
GBPUSD technicals seem to be aligned and could agree with Bank of England Interest Rate Hike with 0.25% benchmark points, from 0.25% towards 50% which is expected by analysists word-wide.
Current Wave Count is suggesting that GBPUSD could spike on the up-side so that the entire Correction could complete.
2H Chart:
GBPUSD – Rate Hike – Bullish Impulse – Levels in Focus:
- Intraday – 1.3170
- Invalidation – 1.3100
- Targets – 1.3300 / 1.3400 / 1.3500
2H Interactive Chart: