GBP/USD: Wave analysis and forecast for 13.05 – 20.05

Forex analytics:Estimated pivot point is at the level of 1.4520. Our opinion: Sell the pair from correction below the level of 1.4520 with the target of 1.42 Alternative scenario: Breakout and consolidation of the price above the level of 1.4520 will enable the pair to continue the rise up to the level of 1.4766.Analysis:Presumably, the formation of the upward correction as the fourth wave 4 of the ...