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29-11-2022

The price for this cross has updated the local maximum, thereby fulfilling the minimum conditions for completing the entire growth wave, which can be either part of the plane or the entire upward correction.

And although there is still a possibility of updating the maximum, nevertheless, if the current assumption is supported, the formation of the first pattern in the form of a 5-3 formation down will be a good basis for a confident reversal of the price down.

Gbpcadh1 15Gbpcadh4 15

24-11-2022

The price for this cross has updated the local maximum, and it is possible that at the moment the development of either the upward wave of the assumed plane or the entire upward correction at higher degrees is being completed.

If the current assumption is supported, then the formation of the first pattern in the form of a 5-3 formation down will be a good basis for a confident reversal of the price down.

Gbpcadh1 14Gbpcadh4 14

23-11-2022

The price for this cross continues to remain in the area of the reached levels, it is still possible that the development of the upward wave of the assumed plane is being completed or has already been completed.

If the current assumption is supported, then the formation of the first pattern in the form of a 5-3 formation down will be a good basis for a confident movement of the pair’s value down.

Gbpcadh1 13Gbpcadh4 13

22-11-2022

The price for this cross continues to remain in the area of the reached levels, it is still possible that the development of the upward wave of the assumed plane is being completed or has already been completed.

If the current assumption is supported, then the formation of the first pattern in the form of a 5-3 formation down will be a good basis for a confident movement of the pair’s value down.

Gbpcadh1 12Gbpcadh4 12

21-11-2022

The price for this cross has updated the local maximum, but it is still possible that the development of the upward wave of the assumed plane is being completed or has already been completed.

If the current assumption is supported, the formation of the first pattern in the form of a 5-3 formation down will be a good basis for a confident movement of the pair’s value down.

Gbpcadh1 11Gbpcadh4 11

17-11-2022

The price for this cross continues to remain in the area of the reached levels, and it is still possible that the development of the first pattern in the form of a 5-3 formation down is being completed or has already been completed at the lower degrees.

Therefore, fixing the price below the confirming level may resume pressure on the value of the pair.

Gbpcadh1 10Gbpcadh4 10

16-11-2022

The price for this cross could not resume the downward movement, forming a new local maximum, and although this fact may already indicate the completion stage of a large correction. However, due to the lack of an impulse structure in the price growth, it is possible that this maximum is just a part of the plane, the form of which a local correction wave can take a degree lower.

Therefore, fixing the price below the confirming level may resume pressure on the value of the pair.

Gbpcadh1 9Gbpcadh4 9

15-11-2022

The price for this cross has performed a relatively confident upward movement, and it is possible that only now the development of a local pullback as part of a corrective wave of decline is being completed.

If the current assumption gets support, then in the near future the value of the pair may perform a confident downward reversal.

Gbpcadh1 8Gbpcadh4 8

10-11-2022

The price for this cross continues to remain in the middle of the local range, and although this fact continues to remain very uncertain, it is still possible that the final part of the proposed plane will take the form of a diagonal.

If the current assumption continues to receive support, then soon the value of the pair will continue to move down and test the local minimum.

It is also worth understanding that the correction in question may take the form of a triangle, which in turn may slow down the expected price decline.

Gbpcadh1 7Gbpcadh4 7

09-11-2022

The price for this cross continues to remain in the area of the levels reached, and although this fact continues to remain very uncertain, it is still possible that the final part of the proposed plane will take the form of a diagonal.

If the current assumption continues to receive support, then soon the value of the pair will continue to move down and test the local minimum.

It is also worth understanding that the correction in question may take the form of a triangle, which in turn may slow down the expected price decline.

Gbpcadh1 6Gbpcadh4 6

08-11-2022

The price for this cross, by analogy with the Pound, performed a confident upward movement, and although this fact complicated the situation, it is still possible that the final part will take the form of a diagonal as part of the proposed plane.

If the current assumption continues to receive support, then, after a short corrective movement on the lower degrees, the pair’s value will continue to move down and test the local minimum.

It is also worth understanding that the correction in question may take the form of a triangle, which in turn may slow down the expected price decline.

Gbpcadh1 5Gbpcadh4 5

07-11-2022

The price for this cross continues to move within the framework of the scenario under consideration, and it is possible that the downward momentum continues to develop as part of the assumed plane, which may take the form of a local correction.

If the current assumption continues to receive support, then, after a short corrective movement on the lower degrees, the pair’s value will continue to move down and test the local minimum.

It is also worth understanding that the correction in question may take the form of a triangle, which in turn may slow down the expected price decline.

Gbpcadh1 4Gbpcadh4 4

04-11-2022

The price for this cross has confidently resumed its downward movement, and it is still possible that the formation of a downward wave of the assumed plane continues, the form of which the correction in question can take.

If the current assumption continues to receive support, then fixing the price below the confirming level may continue to put pressure on the value of the pair.

It is also worth understanding that the correction in question may take the form of a triangle, which in turn may slow down the expected price decline.

Gbpcadh1 3Gbpcadh4 3

03-11-2022

The price for this cross is not excluded, which completes the development of the first pattern in the form of a 5-3 formation down as part of the final wave of the assumed plane.

If the current assumption continues to receive support, then the completion of this pattern will be a good basis for a confident downward movement of the pair’s value.

Gbpcadh1 2Gbpcadh4 2

02-11-2022

The price for this cross is not excluded, which completes the development of the first pattern in the form of a 5-3 formation down as part of the final wave of the assumed plane.

If the current assumption continues to receive support, then the completion of this pattern will be a good basis for a confident downward movement of the pair’s value.

Gbpcadh1 1Gbpcadh4 1

01-11-2022

The price for this cross, by analogy with the Pound, performed a downward reversal, and it is possible that the development of the first pattern in the form of a 5-3 formation downwards began at the lower degrees.

If the current assumption continues to receive support, the completion of this pattern will be a good basis for a confident price decline as part of the completion of a local downward correction, which may take the form of a plane.

Gbpcadh1Gbpcadh4

28-10-2022

The price for this cross, by analogy with the Pound, continues to remain in the area of the reached levels, and it is still possible that the development of the ascending part of the assumed plane is being completed or has already been completed.

If the current assumption continues to receive support, then, in the near future, perhaps after updating the local maximum, the pair’s value will perform a downward reversal.

Gbpcadh1 14Gbpcadh4 15

27-10-2022

The price for this cross, by analogy with the Pound, has formed a new local maximum, and although this fact has increased the potential for the implementation of an alternative scenario, it is still possible that the development of a local correction continues, which may take the form of a plane.

If this assumption continues to receive support, then in the near future the value of the pair can confidently resume its downward movement.

Gbpcadh1 13Gbpcadh4 14

26-10-2022

The price for this cross continues to attempt to perform a downward reversal, and it is possible that the formation of the first pattern in the form of a 5-3 downward formation is being completed or has already been completed as part of the impulse wave of decline in the assumed plane.

If this assumption continues to receive support, then in the near future the value of the pair can confidently resume its downward movement.

Gbpcadh1 12Gbpcadh4 13

21-10-2022

The price for this cross continues to attempt to perform a downward reversal, and it is possible that the development of an impulse wave of decline continues as part of the assumed plane.

If this assumption continues to receive support, then in the near future the value of the pair will continue to move down.

Gbpcadh1 11Gbpcadh4 12

19-10-2022

The price for this cross continues to remain in the area of the reached levels, and it is possible that only now the development of a local growth wave as part of a correction has been completed, which may take the form of a plane or triangle.

If the current assumption is supported, then in the near future the pair’s value can confidently resume its downward movement.

Gbpcadh1 10Gbpcadh4 11

18-10-2022

The price for this cross has updated the local maximum, and it is possible that only now the development of a local growth wave as part of a correction has been completed, which may take the form of a plane or triangle.

If the current assumption receives support, then in the near future the pair’s value can confidently resume its downward movement.

Gbpcadh1 9Gbpcadh4 10

14-10-2022

The price for this cross, by analogy with the Pound, performed a confident upward movement, but unlike it formed a new local maximum, continuing to maintain great uncertainty.

But, despite the great uncertainty in the choice of a particular model, it is still possible that a local correction is developing, which may take the form of a plane or a triangle.

Therefore, the potential remains for performing a price reversal and resuming the movement of the pair’s value downwards.

Gbpcadh1 8Gbpcadh4 8

13-10-2022

The price for this cross, by analogy with the Pound, continues to remain under pressure and, unfortunately, due to the lack of an impulse structure in the latest price increase, it is currently difficult to assume the shape and height of the expected medium-term correction.

But, despite the current uncertainty, we can consider an option according to which a medium-term correction can take the form of, for example, a double zigzag, and if this assumption is supported, then after a relatively confident downward movement of the price, we should expect another attempt to move the pair’s value upwards.

Gbpcadh1 7Gbpcadh4 7

12-10-2022

The price for this cross, by analogy with the Pound, continues to remain under pressure and, unfortunately, due to the lack of an impulse structure in the latest price increase, at the moment it is difficult to assume the shape and height of the expected medium-term correction.

But, despite the current uncertainty, we can consider an option according to which a medium-term correction can take the form of, for example, a double zigzag, and if this assumption is supported, then after a relatively confident downward movement of the price, we should expect another attempt to move the pair’s value upwards.

Gbpcadh1 6Gbpcadh4 6

10-10-2022

The price for this cross, by analogy with the Pound, continues to remain under pressure, and it is possible that the development of a local correction as part of the upward momentum under consideration is coming to an end at the lower degrees.

If the current assumption is supported, then, after updating the local minimum at the lower degrees, the pair’s value may resume upward movement.

It is also worth understanding that the depth of the current decline is already beginning to be alarming, since the continuation of this decline may complicate the structure of determining the corrective wave of growth.

Gbpcadh1 5Gbpcadh4 5

07-10-2022

The price for this cross, by analogy with the Pound, continues to remain under pressure, and it is possible that the development of a local correction as part of the upward momentum under consideration is coming to an end at the lower degrees.

If the current assumption is supported, then, after updating the local minimum at the lower degrees, the pair’s value may resume upward movement.

Gbpcadh1 4Gbpcadh4 4

06-10-2022

The price for this cross, by analogy with the Pound, performed a pullback downwards and it is possible that the development of a local correction as part of the upward momentum under consideration began at the lower degrees.

If the current assumption is supported, then after the completion of the corrective pullback, we should expect a resumption of price growth.

Gbpcadh1 3Gbpcadh4 3

05-10-2022

The price for this cross, by analogy with the Pound, continues its local upward movement, and it is still possible that the formation of the third wave of impulse growth is being completed as part of the upward momentum.

If the current assumption is supported, then after a slight pullback down, the pair’s value will form another new maximum, after which it will enter the stage of a corrective decline.

Gbpcadh1 2Gbpcadh4 2

04-10-2022

The price for this cross, by analogy with the Pound, continues to move up, and it is possible that at the moment the development of the first, impulsive part of the medium-term corrective wave of growth continues.

If the current assumption receives support, then after the end of the upward momentum, we should expect the beginning of a relatively protracted corrective pullback downwards.

Gbpcadh1 1Gbpcadh4 1

03-10-2022

The price for this cross, by analogy with the Pound, continues to move up, and it is possible that at the moment the first, impulsive part of the medium-term corrective wave of growth is developing.

If the current assumption receives support, then after the end of the upward momentum, we should expect the beginning of a relatively protracted corrective pullback downwards.

Gbpcadh1Gbpcadh4

29-09-2022

The price for this cross, by analogy with the Pound, continues to attempt to resume the downward movement as part of the continuation of the development of the local downward momentum, and if this assumption continues to receive support, then soon the value of the pair will form a new minimum.

But, it should be understood that the last rebound of the price up was so high and dynamic, which in turn can lead to continued growth in the value of the pair, without updating the minimum.

Gbpcadh1 14Gbpcadh4 14

28-09-2022

The price for this cross, by analogy with the Pound, is trying to resume the downward movement as part of the continuation of the development of the local downward momentum, and if this assumption continues to receive support, then soon the value of the pair will form a new minimum.

But, it should be understood that the last rebound of the price up was so high and dynamic, which in turn can lead to continued growth in the value of the pair, without updating the minimum.

Gbpcadh1 13Gbpcadh4 13

27-09-2022

The price for this cross, by analogy with the Pound, has made a confident upward movement, but unlike the Pound, this growth may already be the beginning of a large corrective wave of growth.

That is, the price can confidently resume its upward movement at almost any moment, and the formation of a new minimum will be the most acceptable sign for the beginning of price growth.

Gbpcadh1 12Gbpcadh4 12

26-09-2022

The price for this cross has performed a confident downward movement within the framework of the scenario under consideration, and it is possible that the development of an impulse wave of decline is currently being completed or has already been completed.

If the current assumption receives support, then most likely soon the pair’s value will form a new minimum, after which it will perform a confident upward reversal.

But, it should be understood that the expected growth can begin without updating the minimum.

Gbpcadh1 11Gbpcadh4 11

23-09-2022

The price for this cross has updated the local maximum, and it is possible that only now the development of a local correction as part of an impulse wave of decline has been completed.

If the current assumption is supported, then fixing the price below the confirming level may resume pressure on the pair’s value.

Gbpcadh1 10Gbpcadh4 10

22-09-2022

The price for this cross continues to remain in the area of the reached levels, and it is still possible that as part of the final downward impulse, a certain correction is developing, which may take the form of a triangle.

If the current assumption is supported, then fixing the price below the confirming level may resume pressure on the pair’s value.

Gbpcadh1 9Gbpcadh4 9

21-09-2022

The price for this cross continues to remain in the area of the reached levels, and it is still possible that as part of the final downward impulse, a certain correction is developing, which may take the form of a triangle.

If the current assumption is supported, then fixing the price below the confirming level may resume pressure on the pair’s value.

Gbpcadh1 8Gbpcadh4 8

15-09-2022

The price for this cross has updated the local maximum at the lower degrees, and it is still possible that at the moment the third wave of the impulse is at the stage of its completion, and will be able to take a completed form when a new minimum is formed.

If the current assumption is supported, then fixing the price below the confirming level may resume pressure on the pair’s value.

Gbpcadh1 7Gbpcadh4 7

14-09-2022

The price for this cross continues to remain in the area of the reached levels, and within the adjusted scenario on the charts of higher degrees, it is likely that the impulse wave of a large decline continues its development.

That is, most likely, at the moment the third wave of this impulse is at the stage of its completion, and will be able to take a completed form when a new minimum is formed.

If the current assumption is supported, then fixing the price below the confirming level may resume pressure on the pair’s value.

Gbpcadh1 6Gbpcadh4 6

13-09-2022

The price of this cross is trying to perform an upward reversal, and it is possible that at the moment the development of the first pattern in the form of a 5-3 upward formation is continuing.

If the current assumption is supported, then the completion of this pattern or the consolidation of the pair’s value above the confirming level will be a good basis for a confident price increase.

Gbpcadh1 5Gbpcadh4 5

12-09-2022

The price for this cross continues to remain in the area of the reached levels, and it is possible that at the moment the development of the first pattern in the form of a 5-3 formation up continues.

If the current assumption is supported, then the completion of this pattern or the consolidation of the pair’s value above the confirming level will be a good basis for a confident price increase.

Gbpcadh1 4Gbpcadh4 4

09-09-2022

The price for this cross continues to remain in the area of the reached levels, and it is possible that at the moment the development of the first pattern in the form of a 5-3 formation up continues.

If the current assumption is supported, then the completion of this pattern will be a good basis for a confident price increase.

Gbpcadh1 3Gbpcadh4 3

08-09-2022

The price for this cross has updated the local minimum, and it is possible that at the moment the development of the first pattern has begun in the form of a 5-3 formation up.

If the current assumption is supported, then the completion of this pattern will be a good basis for a confident price increase.

Gbpcadh1 2Gbpcadh4 2

05-09-2022

The price for this cross continues to remain under pressure, and it is still possible that the medium-term correction may take the form of a double triple, as part of which the development of the structure of the first part in the form of a plane is being completed or has already been completed.

If the current assumption is supported, fixing the pair’s value above the confirming level can provide good support for the price growth stage.

But it should be understood that the depth of the current decline may lead to a change in the structure on the charts of higher degrees, although it will not cancel local expectations.

Gbpcadh1 1Gbpcadh4 1

03-09-2022

The price for this cross continues to remain under pressure, and it is still possible that the medium-term correction may take the form of a double triple, as part of which the development of the structure of the first part in the form of a plane is being completed or has already been completed.

If the current assumption is supported, fixing the pair’s value above the confirming level can provide good support for the price growth stage.

Gbpcadh1Gbpcadh4

31-08-2022

The price for this cross continues to remain under pressure, and it is still possible that the medium-term correction may take the form of a double triple, as part of which the development of the structure of the first part in the form of a plane is being completed or has already been completed.

If the current assumption is supported, fixing the pair’s value above the confirming level can provide good support for the price growth stage.

Gbpcadh1 15Gbpcadh4 15

25-08-2022

The price for this cross continues to remain under pressure, and it is still possible that the medium-term correction may take the form of a double triple, which includes the development of the structure of the first part in the form of a plane.

If the current assumption gets support, then soon, perhaps after updating the local minimum, the pair’s value will perform a confident upward reversal.

Gbpcadh1 14Gbpcadh4 14

24-08-2022

The price for this cross continues to remain under pressure, and it is still possible that the medium-term correction may take the form of a double triple, which includes the development of the structure of the first part in the form of a plane.

If the current assumption gets support, then soon, perhaps after updating the local minimum, the pair’s value will perform a confident upward reversal.

Gbpcadh1 13Gbpcadh4 13

23-08-2022

The price for this cross continues to remain under pressure, and it is still possible that the medium-term correction may take the form of a double triple, which includes the development of the structure of the first part in the form of a plane.

If the current assumption gets support, then soon, perhaps after updating the local minimum, the pair’s value will perform a confident upward reversal.

Gbpcadh1 12Gbpcadh4 12

22-08-2022

The price for this cross continues to remain under pressure and the depth of the current decline most likely indicates that the medium-term correction may take the form of a double triple, which includes the development of the structure of the first part in the form of a plane.

If the current assumption gets support, then soon, perhaps after updating the local minimum, the pair’s value will perform a confident upward reversal.

Gbpcadh1 11Gbpcadh4 11

19-08-2022

The price for this cross continues to remain under pressure and it is still possible that the development of the first pattern in the idea of a 5-3 formation up is only now being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

It is also worth understanding that the depth of the decline may lead to a change in the structure of the medium-term correction, which may take the form of a plane or triangle. In any case, it is possible that after the formation of a new minimum in 2022, the value of the pair will perform a confident upward reversal.

Gbpcadh1 10Gbpcadh4 10

18-08-2022

The price for this cross continues to remain under pressure and it is still possible that the development of the first pattern in the idea of a 5-3 formation up is only now being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 9Gbpcadh4 9

17-08-2022

The price for this cross continues to remain under pressure and it is still possible that the development of the first pattern in the idea of a 5-3 formation up is only now being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 8Gbpcadh4 8

16-08-2022

The price for this cross continues to remain under pressure and it is still possible that the development of the first pattern in the idea of a 5-3 formation up is only now being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 7Gbpcadh4 7

15-08-2022

The price for this cross continues to remain under pressure and it is still possible that the development of the first pattern in the idea of a 5-3 formation up is only now being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 6Gbpcadh4 6

12-08-2022

The price for this cross continues to remain under pressure and it is still possible that the development of the first pattern in the idea of a 5-3 formation up is only now being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 5Gbpcadh4 5

11-08-2022

The price for this cross, although it performed a local upward movement, nevertheless almost immediately returned back, and it is possible that only now the development of the first pattern in the idea of a 5-3 upward formation is being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 4Gbpcadh4 4

10-08-2022

The price for this cross continues to remain under pressure, and it is possible that only now the development of the first pattern in the idea of a 5-3 formation up is being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 3Gbpcadh4 3

09-08-2022

The price for this cross continues to remain under pressure, and it is possible that only now the development of the first pattern in the idea of a 5-3 formation up is being completed.

If this assumption is supported, then, after updating the local minimum at the lower degrees, the value of the pair can confidently perform an upward reversal.

Gbpcadh1 2Gbpcadh4 2

08-08-2022

The price for this cross is likely to have completed the development of the first pattern in the form of a 5-3 formation up and entered the stage of completion of a similar pattern by a degree lower.

If this assumption is supported, then we should expect a relatively confident upward movement of the pair’s value soon.

Gbpcadh1 1Gbpcadh4 1

06-08-2022

The price for this cross is likely to have completed the development of the first pattern in the form of a 5-3 formation up and entered the stage of completion of a similar pattern by a degree lower.

If this assumption is supported, fixing the price above the confirming level may strengthen support for the upward movement of the pair’s value.

Gbpcadh1Gbpcadh4

November

The price for this cross continues to develop a correction as part of the downward momentum under consideration, and at the moment there is still no certainty about what form this correction will take.

But, despite the uncertainty in the choice of the model, if the current assumption continues to receive support, then most likely the correction will be in its development stage for some time, and after that the current downward trend will continue.

It is also worth understanding that the current correction may already be a corrective wave of growth of a large diagonal downward, although this fact practically does not affect medium-term expectations.

Gbpcaddaily

October

Within the adjusted scenario on the charts of global degrees, it is likely that the current upward rebound is the beginning of the development of a correction as part of the expected downward momentum.

If the current assumption is supported, then in the near future it will indicate a range in the zone of which there will be a relatively long time.

It is also worth understanding that the dynamics of a local pullback upwards is beginning to be alarming, since the continuation of steady growth may lead to a change in the structure at global degrees, although it will not greatly affect the expectations of the formation of a new absolute minimum.

Gbpcaddaily

September (correction of the structure)

Within the adjusted scenario on the charts of global degrees, it is likely that the current decline from the maximum of 2022 is the final part of the downward diagonal wave.

If the current assumption is supported, then after the completion of the third wave of the downward momentum, we should expect the beginning of a medium-term corrective price growth.

I also want to draw attention to the level of 1.4800, which can become the basis for the price to move up. A powerful cluster is concentrated at this level, which consists of a set of strong signs of a price reversal. This is the level of the absolute minimum, which coincides with the Fibonacci level, equal to 261.8% of the wavelength (1), at which the wave (3) can take a completed form.

Gbpcaddaily 1

September

The price for this cross continues to move down, and it is possible that a local correction may take the form of a plane or a double triple.

If the current assumption continues to receive support, then soon the value of the pair can perform a confident upward reversal.

Gbpcaddaily

The price for this cross continues to move down, and it is possible that the third wave of the downward momentum has completed its development, and the formation of a corrective wave of growth has begun.

At the initial stage, it is almost impossible to assume the shape and height of the correction model, but if the current assumption continues to receive support, then in the near future we should expect the development of a relatively protracted, sideways price movement.

Gbpcaddaily

November

The price for this cross continues to develop a correction as part of the downward momentum under consideration, and at the moment there is still no certainty about what form this correction will take.

But, despite the uncertainty in the choice of the model, if the current assumption continues to receive support, then most likely the correction will be in its development stage for some time, and after that the current downward trend will continue.

It is also worth understanding that the current correction may already be a corrective wave of growth of a large diagonal downward, although this fact practically does not affect medium-term expectations.

Gbpcadweekly

October

Within the adjusted scenario on the charts of global degrees, it is likely that the current upward rebound is the beginning of the development of a correction as part of the expected downward momentum.

If the current assumption is supported, then in the near future it will indicate a range in the zone of which there will be a relatively long time.

It is also worth understanding that the dynamics of a local pullback upwards is beginning to be alarming, since the continuation of steady growth may lead to a change in the structure at global degrees, although it will not greatly affect the expectations of the formation of a new absolute minimum.

Gbpcadweekly

September (correction of the structure)

Within the adjusted scenario on the charts of global degrees, it is likely that the current decline from the maximum of 2022 is the final part of the downward diagonal wave.

If the current assumption is supported, then after the completion of the third wave of the downward momentum, we should expect the beginning of a medium-term corrective price growth.

I also want to draw attention to the level of 1.4800, which can become the basis for the price to move up. A powerful cluster is concentrated at this level, which consists of a set of strong signs of a price reversal. This is the level of the absolute minimum, which coincides with the Fibonacci level, equal to 261.8% of the wavelength (1), at which the wave (3) can take a completed form.

Gbpcadweekly 1

September

The price for this cross continues to move down, and it is possible that a local correction may take the form of a plane or a double triple.

If the current assumption continues to receive support, then soon the value of the pair can perform a confident upward reversal.

Gbpcadweekly

The price of this cross on intraday degrees is trying to perform a corrective upward reversal, and it is still possible to consider a scenario according to which the development of a certain large wave of decline is coming to an end.

If this assumption continues to receive support, then, after a slight upward pull back, the value of the pain will continue its downward trend.

It is also worth understanding that an alternative scenario with the formation of a new absolute minimum is still not excluded, although this fact will not cancel medium-term expectations.

Gbpcadweekly

2022 (correction of the structure)

The situation for this pair has practically not changed, that is, the price continues to move down, and although this decline is within expectations, yet the proximity of the absolute minimum most likely indicates that the entire wave of decline from the global tops will be represented as a diagonal, which completes the formation of a descending wave.

If the current assumption is supported, the formation of a new absolute minimum may become the basis for the implementation of a relatively protracted corrective price growth.

The situation for this pair has not changed much, the price continues to remain under pressure, and it is possible that a downward momentum is developing on intraday degrees.

That is, although the alternatives indicated on the price chart have great potential, yet almost all of them indicate a continuation of the downward trend. The difference between the scenarios lies only in the depth of the expected price reduction and the integrity of the critical level.

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