Solid News
GBPUSD, Elliot Wave Analysis
11/8/2022 10:26 AMGrowth is possible.
On the daily chart, the downward fifth wave of the higher level V of (V) ended, within which the wave (5) of V formed. Now, the development of the upward first wave (1) has started, and the third wave of the lower level 3 of (1) is forming. If the assumption is correct, the GBP/USD pair will grow to the area of 1.2281–1.2590. In this scenario, critical stop loss level is 1.0920.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com