yancapital

$GPBUSD long term forecast

Short
FX:GBPUSD   British Pound / U.S. Dollar
Unfortunately the chart is limited to 1994. We found the data from 1972 and the correction that lasts until now began already then with a peak of 2.63

The correction consists of either 3 or 5 waves (triangle)
In this case, the nature of the correction is not yet determined, but waves A (finished in 1985 on the value 1.05) and B (finished in 2007 on the value 2.11) are clearly formed

Now we are drawing a wave of C

Wave C can be both a zigzag and an impulse that has not yet been clarified, but in any case the level with a value of 1.02 must be reached, which is confirmed by Fibonacci levels in two dimensions

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Yours Yan Capital Team

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