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GBPUSD will be facing 1/4 speedline (green) around 1.36 on August 1st.
Calculated value for August 1st 1.354144 which is above baseline and should form first top.
Important levels and times:
1.35572 Top of the wave
1.341835 Final resistance
1.346444 Top of the wave based on time (August 4th)
1.354144 August 1st high.
Daily chart shows 1/8th speed line and base line on August 1st.
1.348236 level is calculated from daily levels.
GBPUSD will be facing 1/4 speedline (green) around 1.36 on August 1st.
Calculated value for August 1st 1.354144 which is above baseline and should form first top.
Important levels and times:
1.35572 Top of the wave
1.341835 Final resistance
1.346444 Top of the wave based on time (August 4th)
1.354144 August 1st high.
Daily chart shows 1/8th speed line and base line on August 1st.
1.348236 level is calculated from daily levels.