GBP/USD Wave analysis and forecast for 19.01 – 26.01
GBP/USD Wave analysis and forecast for 19.01 – 26.01 Estimated pivot point is at a level of 1.3804 Main scenario: long positions will be relevant from corrections above the level of 1.3804 with a target of 1.4000. Alternative scenario: Breakout and consolidation below the level of 1.3804 will allow the pair to continue declining to the levels of 1.3650 – 1.3568. Analysis: The fifth wave 5 of (1) of senior level is supposed to continue forming within the…