GBP/USD: weekly wave analysis
Weekly. The pair has finished construction of a global corrective wave B. We see the formation of the beginning of a new downtrend C.
Daily. At the moment the pair’s forming the descending impulse wave . It’s very likely that this week it will end, and we’ll see growth in the correctional wave .
H4. The layout of wave  is shown at the picture. At the beginning of this week the pair will complete the descending impulse (5) of , approximately as indicated at the picture. And then GBP/USD will begin rising in an upward correction .