We're sellers for now | 13 Junio 2023
13 Junio 2023, GBP/USD
GBPUSD is currently moving in line with the previous analysis from June 12, 2023. The market is forming the impulsive major wave "V," which represents the final wave of the impulsive phase. The expectation is for a corrective phase characterized by sideways movement, potentially in the form of an expanding wedge pattern. The expanding wedge pattern is considered a bearish continuation pattern, suggesting that the market may continue its downward movement. The target for this downward move is identified as the major impulsive wave "V" at 1.2423.
Trade Recommendations:
We're sellers for now
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.
