Weekly forecast based on simplified wave analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, and US dollar index on May 20th
In the next couple of days, you can count on a change in the exchange rate of the British pound major. Pressure on the calculated resistance is possible, with a short-term puncture of its upper boundary. The chance for a reversal and a resumption of the price decline will appear at the end of the week
Vyacheslav Ognev
ago