GBP/USD Forecast. Wave Analysis

gbp_cfd4 hour

The GBP/USD is now testing a new resistance trend line (red). The bullish price action is showing decent momentum and could indicate a likely chance of continuation once price breaks above resistance.

1 hour

The GBP/USD is probably in a bullish wave 3 (blue) at the moment.

4 hour

1 hour

Origin: Admiral Markets

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