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Wait | 30 September 2022

30 September 2022, GBP/USD

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Wave Analysis:

yesterday, the British pound pulled back to the upperside and is still showing signs of continuing much higher. On this chart, I am looking for a possible continuation of the previous day's bullish rally and may see the price continue towards 1.14770 and could breakout upwards. If the price rebounds from this level, then we will be expecting a possible extension of the last impulsive wave (5) to the lowerside and should continue towards 1.05 or even lower.
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Bob Stan
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