empty
12.01.2023 05:13 PM
GBP/USD. Analysis for January 12, 2023

This image is no longer relevant

The wave markup for the pound/dollar instrument currently appears rather complex, but it doesn't call for any explanations and starts to diverge dramatically from the markup of the euro/dollar instrument. Our five-wave rising trend segment has the form a-b-c-d-e and is most likely already finished. Since there has been a very active departure of quotes from previously set highs in recent weeks, the possibility of the British market finishing the upward segment of the trend is noticeably higher. As a result, I can say that the downward part of the trend has started to shape and will include at least three waves. Additionally, the recent spike in the instrument's quotes could be wave b of this trend segment, which can take the form of a five-wave or a five-wave pulse. However, the drop of the British should continue because there has only been one downward wave created thus far, and it has not been in the strongest or most compelling shape. Naturally, the rising portion of the trend can continue for an indefinite amount of time and have any duration. This situation, however, is not a typical one. I continue to attempt to expand upon the conventional wave structures, which can be utilized for both work and prediction.

The corrective wave b is still accumulating.

The pound/dollar instrument's exchange rate rose by 80 basis points on Thursday, but the day may end substantially lower than the current levels because it frequently happens that the instrument moves swiftly in both directions after significant news, first abruptly in one direction and then the other. The increase over the past week may be seen as wave b, therefore the wave marking as a whole is now clear. Nevertheless, if we want to see well-known wave formations that make it simpler to work and profit, the demand for US money needs to start increasing once more. We can see something similar for the British, which we would like to avoid, given that the upward section of the trend for the euro continues to get more problematic.

The same inferences apply to the pound/dollar instrument now as they did to the euro/dollar instrument. Both instruments are equally affected by the news on American inflation. The sole distinction is that the Bank of England's interest rate is 3.5%, while the ECB's rate is 2.5%, giving it the potential to raise rates more quickly and aggressively. The majority of economists point out that the British economy would be hit harder by the recession in 2023–2024 than other economies, which could weaken the British rate this year. Starting with this premise, it becomes clear that demand for the euro is rising rather organically, as the ECB rate is the one that can experience the highest growth this year. The British continue to predict that a downward wave c will develop, but they also state that wave b must finish developing this week. The UK will release some fascinating reports tomorrow that, despite being unlikely to be robust, could support the dollar.

This image is no longer relevant

Conclusions in general

The building of a downward trend section is still assumed by the wave pattern of the Pound/Dollar instrument. According to the "down" reversals of the MACD indicator, it is possible to take into account sales with objectives around the level of 1,1508, which corresponds to 50.0% by Fibonacci. The upward portion of the trend is probably over, however, it might yet take a lengthier shape than it does right now.

The euro/dollar instrument and the picture seem extremely similar at the larger wave scale, which is fortunate because both instruments should move similarly. Currently, the upward correction portion of the trend is almost finished (or has already been completed). If this is the case, a downward portion will likely be built for at least three waves, with the possibility of a dip in the region of figure 15.

Pilih timeframe
5
mnt
15
mnt
30
mnt
1
jam
4
jam
1
hari
1
minggu
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES

Artikel yang direkomendasikan

Analisis GBP/USD pada 4 Juni 2025

Pola wave untuk GBP/USD terus menunjukkan pembentukan struktur wave impulsif ke atas. Gambaran wave ini hampir identik dengan pasangan EUR/USD. Hingga 28 Februari, kami mengamati pembentukan struktur korektif yang meyakinkan

Chin Zhao 18:48 2025-06-04 UTC+2

Analisis EUR/USD pada 3 Juni 2025

Pola wave pada grafik 4 jam untuk EUR/USD telah berubah menjadi struktur naik dan tetap demikian. Saya yakin tanpa keraguan bahwa transformasi ini terjadi secara eksklusif karena kebijakan perdagangan baru

Chin Zhao 19:38 2025-06-03 UTC+2

Analisis GBP/USD pada 3 Juni 2025

Struktur gelombang untuk GBP/USD terus menunjukkan perkembangan pola gelombang impulsif ke atas. Pola gelombang ini hampir identik dengan pasangan EUR/USD. Hingga 28 Februari, kami mengamati pembentukan struktur korektif yang meyakinkan

Chin Zhao 19:32 2025-06-03 UTC+2

Analisis EUR/USD pada 2 Juni 2025

Struktur wave pada grafik 4 jam untuk EUR/USD telah berubah menjadi formasi bullish dan terus mempertahankan bentuk tersebut. Saya yakin tanpa ada keraguan bahwa transformasi ini terjadi semata-mata karena kebijakan

Chin Zhao 19:07 2025-06-02 UTC+2

Analisis GBP/USD pada 2 Juni 2025

Struktur gelombang untuk GBP/USD terus menunjukkan pembentukan pola gelombang impuls bullish. Pola gelombang ini sangat mirip dengan EUR/USD. Hingga 28 Februari, kami mengamati konstruksi struktur korektif yang meyakinkan dengan sedikit

Chin Zhao 19:05 2025-06-02 UTC+2

Prediksi Mingguan Berdasarkan Analisis Gelombang Sederhana untuk GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/GBP, dan Indeks Dolar AS pada 2 Juni

Selama minggu mendatang, pound Inggris diperkirakan akan bergerak dari zona saat ini menuju area resistensi yang telah dihitung. Pada hari-hari awal, kemungkinan akan ada vektor penurunan dengan tekanan potensial menuju

Isabel Clark 11:53 2025-06-02 UTC+2

Prediksi Mingguan Berdasarkan Simplified Wave Analysis untuk EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, dan Emas pada 2 Juni

Dalam beberapa hari mendatang, euro diperkirakan akan terus bergerak mendatar. Penurunan jangka pendek menuju zona support mungkin terbentuk. Setelah itu, kondisi untuk reversal mungkin terbentuk. Pergerakan naik harga kemungkinan besar

Isabel Clark 11:48 2025-06-02 UTC+2

Analisis EUR/USD pada 27 Mei 2025

Pola gelombang pada grafik 4 jam untuk EUR/USD telah bergeser ke dalam struktur bullish dan terus mempertahankan bentuk tersebut. Saya percaya tidak ada keraguan bahwa transformasi ini terjadi semata-mata karena

Chin Zhao 20:47 2025-05-27 UTC+2

Analisis GBP/USD pada 27 Mei 2025

Struktur gelombang untuk GBP/USD terus menunjukkan pembentukan pola gelombang impulsif bullish. Pengaturan gelombang ini hampir identik dengan EUR/USD. Hingga 28 Februari, kami mengamati perkembangan struktur korektif yang meyakinkan dan tidak

Chin Zhao 20:30 2025-05-27 UTC+2

Analisis GBP/USD pada 26 Mei 2025

Struktur gelombang untuk GBP/USD terus menunjukkan perkembangan pola gelombang impuls bullish. Gambaran gelombang ini sangat mirip dengan EUR/USD. Hingga 28 Februari, kami mengamati pembentukan struktur korektif yang meyakinkan tanpa menimbulkan

Chin Zhao 16:49 2025-05-26 UTC+2
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.