GBPUSD
GBPUSD – Bulls returned into the market – December 31st, 2020
The market has broken the last high, so I have to adjust the wave count. It seems like we’re going to have larger wave 5. In this case, it’s possible to have an extension in wave ((iii)). If correct, we could have the rest of …
GBPUSD – Bulls returned into the market – December 31st, 2020 Continue to charts & full analysis »
GBPUSD – Bulls returned into the market – December 30th, 2020
The market has broken the last high, so I have to adjust the wave count. It seems like we’re going to have larger wave 5. In this case, it’s possible to have an extension in wave ((iii)). If correct, we could have the rest of …
GBPUSD – Bulls returned into the market – December 30th, 2020 Continue to charts & full analysis »
GBPUSD – Another bearish wave about to begin – December 29th, 2020
It seems like wave 5 took the form of an ending diagonal. The last downward impulse is likely wave ((i)). Wave ((ii)) is over as a zigzag. If correct, a third-wave decline might be already underway. At a smaller degree, there’s a leading diagonal, which …
GBPUSD – Bearish correction might be underway – December 23rd, 2020
It seems like wave 5 took the form of an ending diagonal. The last downward impulse is likely wave ((i)). There’s a pullback from the 0.786 retracement level, so wave ((ii)) might have been in place as a zigzag. If correct, a third-wave decline should …
GBPUSD – Bearish correction might be underway – December 22nd, 2020
It seems like wave 5 took the form of an ending diagonal. The last downward impulse is likely wave ((i)). At the same time, there’s an upward five-wave price movement, which is supposed to be wave (a) of ((ii)). Considering a bearish zigzag, which is …