GBPUSD wave movement. According to our strategy, the GBPUSD exchange rate is gearing up for longer-term waves. Currently, the exchange rate moves in a rising wave stage. We assume that the peak of this wave is around 1.4093. If we have the right idea, then a more significant fall will come from this level. If wave motion continues, then the fall can last up to 1,1520 levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.