Wait | 23 July 2020

23 July 2020, GBP/USD

Wave Analysis

On this chart, we're yet to see any clear moves either to the upper side or lowerside, As it is now, we are expecting a possible momentum to the upper side and should break above 1.27655 towards 1.325 or even higher. As it is now, we are expecting a possible breakout above 1.27655 towards 1.289 or even higher towards 1.301. On the flip side, should the price pullback to the lower side, then we expect further momentum to the lowerside towards 1.26555 and could break much lower towards 1.25240.

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Bob Stan
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