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Back Wave analysis
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Back Wave analysis
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, Ethereum, and Litecoin — March 16th
GBP/USDAnalysisOn the chart of the British
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GBP/USDAnalysisOn the chart of the British pound major pair, a short-term bearish wave has been forming since the end of January this year. Analysis of its structure does not indicate completion yet. After breaking through the previous resistance, the price is located near the upper boundary, forming an intermediate correction. The correction structure is not finished at the time of analysis.ForecastIn the coming days, the British pound is expected to continue moving sideways. A downward move with pressure on the
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Isabel Clark,
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