💷💵📈📉🔥 GBPUSD Zig‑Zag in Motion 🚀💹
From 17 April, GBPUSD entered a zig‑zag correction:
🔹 A wave: Formed on 20 April 📊
🔹 B wave: Rose but stayed below 61.8% retracement 📉
🔹 C wave: Now unfolding with its 5 sub‑waves 📈
👉 Currently, price is in the 3rd sub‑wave of C, showing strong momentum ⚡.
🎯 Projection: Possible drawdown toward 1.33700 💵📉.
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💡 Trader’s Insight:
C waves often deliver powerful moves — GBPUSD could extend lower before stabilizing 🧐📊.
From 17 April, GBPUSD entered a zig‑zag correction:
🔹 A wave: Formed on 20 April 📊
🔹 B wave: Rose but stayed below 61.8% retracement 📉
🔹 C wave: Now unfolding with its 5 sub‑waves 📈
👉 Currently, price is in the 3rd sub‑wave of C, showing strong momentum ⚡.
🎯 Projection: Possible drawdown toward 1.33700 💵📉.
---
💡 Trader’s Insight:
C waves often deliver powerful moves — GBPUSD could extend lower before stabilizing 🧐📊.
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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.
Related publications
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.