MY THOUGHTS ON GBP/USD

1 May 2023

In my analysis on the 2 HOUR CHART, price is moving BEARISHLY, forming a Barrier Triangle Ending Diagonal. Price is currently at 1.25498, I forecast that Wave A may move to price 1.23957 which is 100% of Wave A. Then to price 1.23013 which is 1.50% of Wave A. and finally to price 1.22800 which is 1.618% of Wave A. I used the Elliott Wave and Fibonnaci for my analysis. GBPUSD

6 May 2023

Not

Price has moved past the target of Wave 5.... will see price action next week