07 March 2023, GBP/USD
GBPUSD is in a short-term downtrend, the market is currently in a corrective phase which is the corrective 3-wave pattern. The market has formed a descending channel from 1.2266 to where the market is now. The price is still within this channel. Again, the market has formed a double top at the major zone/resistance zone (1.2841),(a bearish pattern). I expect this pair to drop at least up to ( 1.1924), break the major zone, retest, and then continue to drop up tour minor corrective wave c,(1.1729).
Trade Recommendations:
We're sellers towars 1.1973
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