GBPUSD

GBPUSD

TS Forecasts. Sergey Ivanov

Spectrum.

Weekly.Bullish stage till a middle of 2021.

Weekly

Daily. Bullish phase is projected by wavelet hunter module.

Wavelet hunter

Annual cycle analysis.

The same outcome from annual cycle:

Fast annual and seasonal curves

Elliott waves analysis.

At weekly chart global ending diagonal is developing resulted into further sharp growth.

Wave c of C is developing within a global triangle.

Wave (iv) is under development. Thus, some kinds of consolidation is reasonable to expect prior increase to the (v) wave.

ZZ structure.

L-1 ZZ is bullish; L-2 ZZ turned bullish as well last week by violation of its bearish CIT. Further increase is expected while 1.3253 holds.

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