GBP/USD: Wave analysis and forecast for 22.07 – 29.07.

Forex analytics:Estimated pivot point is at the level of 1.3058. Our opinion: Buy the pair from correction above the level of 1.3058 with the target of 1.3680 - 1.3888. Alternative scenario: Breakout and consolidation of the price below the level of 1.3058 may trigger further decline to 1.2256.Analysis: Presumably, the formation of the upward correction continues as the wave 2. Locally, it seems that ...