Elliott

GBPUSD reaches 1.30 with the help of a triple zigzag pattern.

Source Node: https://platodata.network/platowire/gbpusd-reaches-1-30-with-the-help-of-a-triple-zigzag-pattern/
Time Stamp: March 31, 2023 3:48 AM - Modified On: March 31, 2023 - Published By:
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Republished By Plato

The GBPUSD currency pair has been on a steady climb in recent weeks, reaching the 1.30 level with the help of a triple zigzag pattern. This pattern is a complex corrective wave structure that is commonly seen in Elliott Wave Theory.The triple zigzag pattern is made up of three zigzag patterns, each labeled as A, B, and C. Each zigzag pattern consists of three waves, labeled as A, B, and C. The first zigzag pattern is labeled as A, the second as B, and the third as C. The overall