GBP/USD: wave analysis
By Roman Petuchov
Weekly. The market is now building a corrective rising impulse [c] of B .
Chart. Weekly GBP/USD
Daily. Wave (IV) is complete, the market started to grow in a wave (V). Next week the pair is forecasted to strengthen.
Chart. Daily GBP/USD
H4. Stay cautious: the cable is sometimes forming the unexpected bearish corrections that may hit the stop orders.
Chart. H4 GBP/USD