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Tuesday, June 24, 2025

GBP/USD Analysis on June 24, 2025

GBP/USD Analysis on June 24, 2025

Back Wave analysis
GBP/USD Analysis on June 24, 2025
Back Wave analysis

GBP/USD Analysis on June 24, 2025

The wave pattern for GBP/USD continues

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24.06.2025 07:35 PM

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The wave pattern for GBP/USD continues to indicate the formation of a bullish impulsive wave sequence. The wave pattern is nearly identical to that of EUR/USD, as the main driver in both cases remains the U.S. dollar. Demand for the dollar is declining across the board, which is why many instruments are showing similar dynamics. Wave 2 of the upward trend has taken on a single-wave form. Within the presumed wave 3, waves 1 and 2 have already formed. Therefore,

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