GBP/USD: wave analysis
Weekly. The pair keeps forming the ascending impulse wave [c] of B. Consider the structure of the impulse at D1.
Daily. At the moment the pair is forming the final impulse (V).
H4. More precisely, the pair’s forming the wave 5 of (V). It means that the whole trend is near an end. This week, we expect correction . Then the pair will resume growth within the small impulse . The approximate trajectory is shown at the picture.