The pound remains in a bear market

11 Tem 2022

Hello everyone, good time. The pound is still decreasing, and as long as the dollar continues to increase, its opposite currencies will continue to decrease in price. In the chart I have shared, the extended third wave is a confirmation for the continuation of the downtrend. Meanwhile, the larger degree of the daily structure of the continuation of the trend seems to be confirmed. Good luck. (Analysis based on the principle of Elliot waves with my two years of experience)