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Wednesday, June 18, 2025

GBP/USD Analysis on June 18, 2025

GBP/USD Analysis on June 18, 2025

Back Wave analysis
GBP/USD Analysis on June 18, 2025
Back Wave analysis

GBP/USD Analysis on June 18, 2025

The wave pattern for GBP/USD continues

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18.06.2025 08:01 PM

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The wave pattern for GBP/USD continues to indicate the development of a bullish impulse wave structure. The pattern is almost identical to that of EUR/USD, as the driving factor is the U.S. dollar. Demand for the dollar is weakening across the board, causing many instruments to show similar dynamics. Wave 2 of the upward trend segment has formed as a single wave. Within the presumed wave 3, sub-waves 1 and 2 have already formed. Therefore, we can expect the British

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