meszaros

GBPUSD correction may follow.

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD correction may follow. The analysis depicts a wave axis enclosing two different angles. It can also be seen that the price movement has built a symmetrical shape on these wave axes. My statement is hard to imagine, but both shapes are characterized by the same fractal parameters. It is difficult to see with the naked eye because the two-wave axis is at a different angle, so the formed wave sequences are also "twisted" parallel to the axis angle. I assume that what has been described above will not be clear to many, so I would rather move on to the final result of the analysis. I expect a corrective move from the current level next week. The correction level can be the currently valid wave axis. Target price: 1.38455

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