GBP/USD Wave analysis and forecast for 25.11 – 02.12: The pair is likely to rise.

ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk

Estimated pivot point is at the level of 1.2311.

Our opinion: Buy the pair from correction above the level of 1.2311 with the target of 1.2680 – 1.2763. In case of breakdown of the level of 1.2311, sell with the target of 1.2077.

Alternative scenario: Breakout and consolidation of the price below the level of 1.2311 will trigger further decline to 1.2077.

Analysis: Presumably, the formation of the upward correction as the fourth wave of the senior level continues. At the moment it seems that the correction as the wave b of 4 has completed and the one-two impetus has been formed in the wave c of 4. If this assumption is correct, the pair will continue to rise up to 1.2680 – 1.2763. Critical level for this scenario is 1.2311.

ForexGuru.Pk Offers For Free Urdu Hindi Technical Analysis, Free Urdu Trading SMS Signals, Free Urdu Hindi Forex Training Course, Forex Account Management In Pakistan And Complete Advance, Professional And Expert Level Forex Training In Urdu And Hindi In Pakistan Call Us +92-300-6561240, Or Visit Our Urdu Forex Training Section At ForexGuru.Pk

Technical Analysis Services Are Powered By PakistanOffice.Com, Forex Education In Urdu, ForexGuru.Com.Pk And Ziaalhassan.Com. For More Information And Free Urdu Forex Training Please Call Dr. Zia-al-Hassan At 0300-6561240