29 Jun 2020 ● 08:26 AM
USDGBP - completed a long term ending pattern at the recent high. This chart also strongly supports the idea that the dollar starts a bear market. Wave E of the ending pattern is itself an expanding triangle in a-b-c-d-e. Wave E did not tough the top trendline but made a strong attempt to get there. Now it should break the lower line at 0.763 and remain in a long term down trend for months or years.