GBP/USD. The third impulse wave is being formed. | 27 January 2025
27 January 2025, GBP/USD
The pound's value against the dollar has risen, as predicted. It is likely that we are witnessing the development of an upward impulse, specifically the formation of Wave 3.
Based on this, we can expect the continuation of the upward trend. The graph shows the projected path of the price in the near future.
Previously opened buy positions should be kept active. New positions can be added, but it is better to wait for a pullback in the price before doing so.
Investment idea: Flat.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
