Back Wave analysis
Analysis of GBP/USD on December 20, 2023
For the pound/dollar pair, the wave
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For the pound/dollar pair, the wave analysis remains quite clear, but it continues to become more complicated. The construction of a new downtrend is ongoing, the first wave of which has taken on quite extensive form. The second wave has also been quite prolonged, giving us every reason to expect a long construction of the third wave.At the moment, I am not confident that the construction of wave 2 or b is complete. The retreat of quotes from the peaks
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