Thu, Jan 27, 2022 @ 15:19 GMT

GBP/USD Intraday View

GBPUSD is turning lower at the moment after very slow and overlapping recovery up to 78.6% fib. level which is seen as a three wave move; a correction that is pointing back to march 28 low. However, 1.2455 should be broken to confirm the next bearish wave.

GBPUSD, 1H

Elliott Wave Financial Servicehttp://www.ew-forecast.com/
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

Featured Analysis

Learn Forex Trading