MarketIntel

GBP/USD: Is this the end? 👀

FX_IDC:GBPUSD   Brittiska pund/Amerikanska dollar
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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