GBPUSD – April 9th, 2020

11

GBP/USD, 2Days chart. No change. The fifth of the ending diagonal is over. If correct, we’re at the beginning of a new bullish market. In this case, the market is going to rise towards 1.3227 in the near future.

GBP/USD, 120Minutes chart. The fifth wave of wave 1 might have begun. Therefore, we’re likely going to have a new local high in the short term. Nevertheless, a bearish correction should begin after that.

Scroll to Top