GBPUSD Possible Move

19 Haz 2023

Given the divergence observed in the market, anticipating a correction that could potentially reach the 50% retracement level of the previous impulse trend or the weekly imbalance serving as a key support level.

23 Haz 2023

Not

As we can observe, the GBPUSD is currently following our analysis, as we predicted a downtrend from the top. If we witness any uptrend before reaching the 1.22000 level, it may be a trap. Therefore, it is advisable to avoid any buy positions until the price reaches that level.