GBP/USD Forecast. Growth in the fourth wave of correction will continue

Posted 20 June, 2022

There were no significant changes in the pair under consideration on the final trading day of the past week. The dollar tried to bring down the positive mood that began to manifest itself the day before. It turned out to make a small rollback.

From the current values, the pound will probably try to start growing again. This is due to the development of the corrective wave iv, which is not enough to complete the growth wave.

Thus, it is recommended to take a closer look at the possibility of concluding buy deals at current market values.

 

Previous forecast

22 June, 2022 10:12

← GBP/USD: the pair remains in the channel

GBP/USD four-hour chart. The currency pair continues to hold between levels.

GBP/USD: the pair remains in the channel

Next forecast

20 June, 2022 08:47

EUR/USD forecast for today. The price will try to rise further →

The past week ended with restrained optimism for buyers.

EUR/USD forecast for today. The price will try to rise further
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