GBPUSD

Bearish Outlook :

Today’s breaking the 1.5330 level in the Cable, will likely lead to closing day below this level, that will confirm the bearish outlook in medium term.

The anticipated decline in an impulsive third wave of Minor degree, that could have started at 1.5819, will eventually carry the price to a significant new extreme below 1.4565 low on April 13.

GBPUSD - Daily

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