GBPUSD – Continued corrective growth

01.02.2022

The situation for the pair under consideration is developing as expected. The pound began to grow, but this movement is very uncertain, it looks very twitchy. This is quite logical if we have a part of a corrective model. It seems that this is the second wave of the zigzag.

Then, in the near future, the pair will continue to grow, after which another impulse decline will begin. The power reserve in the upward corrective movement still allows you to make money on it, so you should look at quick purchases.

Solutions: buy 1.3440, stop loss 1.3420, take profit 1.3520.