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Back Wave analysis
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Back Wave analysis
Weekly Forecast on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, EUR/CHF as of December 8
GBP/USDBrief Analysis: The trend direction for
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GBP/USDBrief Analysis: The trend direction for the British pound major has been an upward wave since the beginning of the year. The wave level in the current section allows categorization at the daily time frame. A month ago, the quotes bounced off the lower edge of a wide potential reversal zone, beginning the formation of a bullish segment. The price is approaching another cluster of resistance levels across various timeframes.Weekly Forecast: At the beginning of the upcoming week, the GBP/USD
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Isabel Clark,
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