GBPUSD – March 25th, 2020

GBP/USD, 2Days chart. No change. It’s still possible that the fifth wave of an ending diagonal is about to end. The market could test the pattern’s lower side soon. If a pullback from this line happens next, there’ll be a bullish moment.

GBP/USD, 120Minutes chart. As expected, the high of wave ((a)) has been broken. Thus, wave 4 might have been in place as a zigzag. Under these circumstances, there’s an opportunity to have a decline in wave 5 of (C) in the short term.

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