Technical: GBPUSD Wave Analysis – 4 April 2023

GBPUSD under the bullish pressure after the price broke the key resistance level 1.2440 (which has been reversing the price from the middle of 2022, as can be seen below). The breakout of the resistance level 1.2440 accelerated the C-wave of the active ABC correction (2). Given the strongly bullish sterling sentiment sent today, GBPUSD can then be expected ...     Alert Apr 4, 2023, 8:14pm Technical: GBPUSD Wave Analysis – 4 April 2023 GBPUSD under the bullish pressure after the price broke the key resistance level 1.2440 (which has been reversing the price from the middle of 2022, as can be seen below). The breakout of the resistance level 1.2440 accelerated the C-wave of the active ABC correction (2). Given the strongly bullish sterling sentiment sent today, GBPUSD can then be expected ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support