Tag Archives: GBPUSD Forecast

GBP/USD Wave analysis and forecast for 28.03 – 04.04

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GBP/USD Wave analysis and forecast for 28.03 – 04.04: Uptrend in the pair will resume. Estimated pivot point is at the level of 1.6460.

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Our opinion: Buy the pair from correction above the level of 1.6500 with the target of1.68 – 1.69.
Alternative scenario: Breakout of the level1.6460 will enable the pair to continue decline to 1.64 – 1.63.
Analysis: Presumably, the formation of the long-term uptrend, which is likely to take a shape of a zigzag ABC, continues. Locally, the wave C is emerging, within which the fifth final wave with the targets of 1.68 – 1.6925 is being formed.

GBPUSD-D1 GBPUSD-H4

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GBP/USD Wave analysis and forecast for 14.03 – 21.03

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GBP/USD Wave analysis and forecast for 14.03 – 21.03: Decline in the pair is likely to continue. Estimated pivot point is at the level of 1.6785.

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Our opinion: Sell the pair from correction below the level of 1.6725 with the targets of 1.65 – 1.63.
Alternative scenario: Breakout of the level 1.6785 will enable the pair to continue growth to the levels of 1.69 – 1.70.
Analysis: Presumably, the formation of the large ascending impetus in the first wave has completed. . Locally, the first wave a of 2, of the downward large correction is being formed, within which the third wave of the junior level 3 of a of 2 is being developed. If this assumption is true, the pair will continue to decline to the level 1.64

GBPUSD-D1 GBPUSD-H4

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GBP/USD Wave analysis and forecast for 07.03 – 14.03

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GBP/USD Wave analysis and forecast for 07.03 – 14.03: The pair is likely to decline. Estimated pivot point is at the level of 1.6821.

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Our opinion: Sell the pair from correction below the level of 1.6821 with the target of 1.65 – 1.63.
Alternative scenario: Breakout of the level 1.6821 will enable the pair to continue growth to the levels of 1.69 – 1.70.
Analysis: Presumably, the formation of the large ascending impetus in the first wave has completed. Locally, it is not excluded that the first in-lead wave of the large downward correction is being formed. If this assumption is true, the pair will continue to decline to the level of 1.65. This scenario will be confirmed after breakdown of the level of 1.6247.

GBPUSDD1 GBPUSDH4

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GBP/USD Wave analysis and forecast for 28.02 – 07.03

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GBP/USD Wave analysis and forecast for 28.02 – 07.03: The pair is likely to decline. Estimated pivot point is at the level of 1.6825.

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Our opinion: Sell the pair from correction below the level of 1.6825 with the target of 1.65 – 1.63.
Alternative scenario: Breakout of the level 1.6825 will enable the pair to continue growth to the levels of 1.69 – 1.70.
Analysis: Presumable, the formation of the large ascending momentum in the first wave has completed. Locally, it is not excluded has the first in-lead waves of the large downward correction are being formed. If this assumption is true, the pair will continue to decline to the level of 1.65. Feasibility of his scenario will be proved by breakdown of the level of 1.6247.

GBPUSD Wave analysis and forecast for 28.02 – 07.03 -01 GBPUSD Wave analysis and forecast for 28.02 – 07.03 -02

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