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Thursday, June 19, 2025

GBP/USD Analysis on June 19, 2025

GBP/USD Analysis on June 19, 2025

Back Wave analysis
GBP/USD Analysis on June 19, 2025
Back Wave analysis

GBP/USD Analysis on June 19, 2025

The wave pattern for GBP/USD continues

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19.06.2025 08:20 PM

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The wave pattern for GBP/USD continues to indicate the formation of a bullish impulsive wave structure. The wave pattern is nearly identical to that of EUR/USD, since the U.S. dollar is the main driver across the market. Demand for the dollar is falling across the board, which is why many instruments are displaying similar dynamics. Wave 2 of the uptrend has taken the form of a single-wave structure. Waves 1 and 2 have been formed within the expected wave 3,

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