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Monday, June 9, 2025

GBP/USD Analysis on June 9, 2025

GBP/USD Analysis on June 9, 2025

Back Wave analysis
GBP/USD Analysis on June 9, 2025
Back Wave analysis

GBP/USD Analysis on June 9, 2025

For the GBP/USD pair, the wave

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09.06.2025 08:16 PM

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For the GBP/USD pair, the wave pattern continues to indicate the formation of an upward impulse wave structure. The wave pattern closely resembles that of the EUR/USD pair. Until February 28, we observed a convincing corrective structure that raised no doubts. However, demand for the U.S. dollar began to fall sharply, resulting in a trend reversal to the upside. Wave 2 of this trend took on a single-wave form. Inside the presumed wave 3, waves 1 and 2 have been

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