MarketIntel

GBP/USD: Is this the end? đź‘€

FX_IDC:GBPUSD   Livre sterling / Dollar amĂ©ricain
The British Pound gained much value against the USD and rose all the way up to the yellow target area. That being so, we believe that the green wave 5 is completed. From here, the Pound should lose value again, bounce back and then move further down, as it is indicated in the chart. As long as we stay above $1.3483, we do not see any dangers for this scenario.

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