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Back Wave analysis
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Back Wave analysis
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, EUR/GBP, EUR/CHF, Ethereum, and Litecoin – March 2nd
GBP/USDAnalysis:The unfinished wave structure on the
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GBP/USDAnalysis:The unfinished wave structure on the major British pound chart can be considered a bearish wave that began on January 27 of this year. On the instrument's chart, it initiated a correction of the dominant uptrend. At the time of analysis, the wave structure does not show completion. The pair's price is near the upper boundary of a potential reversal zone.Forecast:During the coming week, overall sideways movement is expected. At the beginning of the week, a downward vector is more
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Isabel Clark,
Analytical expert of InstaForex
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