GBPUSD – Zigzag Growth

14.02.2022

Quotes of the pair showed growth. Most likely. This is dictated by the third wave of the zigzag, which is formed in the form of wave b. In this case, we should expect further growth in the near future with the renewal of the current maximum, after which the quotes will go into a sharp decline, forming wave C.

The preliminary scenario is described above and for now it is better to consider buying opportunities in order to work out the growth in the final stage of the development of wave b.

Recommendations: Buy 1.3555, SL 1.3530, TP 1.3650.