GBPUSD Weekly – September 24th, 2020

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. It seems like the fourth wave of wave (1) is almost over. If so, the fifth wave is going to begin shortly. Also, we should keep an eye on the high of wave 1 as the main critical level for the bullish scenario.

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