Analysis of GBP/USD Currency Pair Status The GBP/USD currency pair resumed its downward trend after two days of gains, falling by approximately 0.3% and dropping below the 1.2500 level. Traders' attempts to sustain the bullish trend were thwarted by weak data and risk-averse sentiment. The economic data weakness in the UK, along with lower expectations for...
Analysis of GBP/USD Currency Pair Status The GBP/USD currency pair resumed its downward trend after two days of gains, falling by approximately 0.3% and dropping below the 1.2500 level. Traders' attempts to sustain the bullish trend were thwarted by weak data and risk-averse sentiment. The economic data weakness in the UK, along with lower expectations for...
As we said, the price reached the target 4 wave, now fluctuating to complete the 5 wave.
Considering the structure of the motor, it seems to consider the high target.
Considering the structure of the motor, it seems to consider the high target.
As we said in the previous analysis, we reached the target 4 wave and it seems to fluctuate for the upper targets.
As we said in the previous analysis, we reached the target 4 wave and it seems to fluctuate for the upper targets.
Due to the arrival of the price to the specified range for wave 5, the typical negative divergence also has the hidden divergence expected to fall to the specified range.
Due to the arrival of the price to the specified range for wave 5, the typical negative divergence also has the hidden divergence expected to fall to the specified range.
The price is on a descending channel and is moving towards the floor of the channel which is the goal of wave 3.
Due to the arrival of the price to the specified range for wave 5, the typical negative divergence also has the hidden divergence expected to fall to the specified range.
We expect the price to fall to the specified range for wave 5.
As we said, we reached the target of wave 4. It now seems to have dropped to the specified area.
It declined from the place announced last week, and this drop will hit the specified targets.
Due to the arrival of the price to the specified range for wave 5, the typical divergence expected to fall to the specified range.
We expect the price to fall to the to the specified range for wave 5.
The price is on a descending channel and is moving towards the floor of the channel which is the goal of wave 3.
AS we said, we reached the target of wave B it now seems to have dropped to the specified area.