Forex4you

GBP/USD: under the pressure in the middle-termed perspective

Wave analysis

Technical analysis

Fundamental analysis

Complex analysis

   Taking into account the “self-abandonment” of this very instrument it’s worth determining the further targets within the edges of the daily analysis. The descendant structure in whole can assume the shape of the double three or any of the modifications of this very structure. It’s significant the price location lower than the green line will provide this scenario’s accomplishment, the key target of which is the sector of 1.5600.

Analysis prepared by:

Maxim Dmitrievsky
Forex4you analyst