This is my second chart for the GBPUSD
. All analysis points to an impending fall in the Pound. On the daily chart
, i've plotted a Wolfe Wave
. Its interesting to observe that the regions between 0.382 and 0.618 is where we expect a reversal to happen. Continue watching these charts for next week. Perhaps end of next week or early into the 2nd week of June should be when we can expect to catch this drop.
***NOTE: Do share your opinion/analysis if you are following this chart***