When determining the phase from the projected fringes by using continuous wavelet transform (CWT), selection of wavelet is an important step. A new wavelet for phase retrieval from the fringe pattern with the spatial carrier frequency in the x direction is presented. As a mother wavelet, zero order generalized Morse wavelet (GMW) is chosen because of the flexible spatial and frequency localization property, and it is exactly analytic. In this study, GMW method is explained and numerical simulations are carried out to show the validity of this technique for finding the phase distributions. Results for the Morlet and Paul wavelets are compared with the results of GMW analysis.