GBPUSD Weekly – September 17th, 2020

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GBP/USD, Weekly chart. 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 should continue unfolding wave ((1)) or ((A)).

GBP/USD, 12H chart. The price has been rising since wave (C) of ((5)) ended. It seems like the fourth wave of wave (1) is underway. If so, the market should continue moving sideways in the coming days.

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