GBP/USD: weekly wave analysis
Weekly. GBP/USD has formed the global wave plane B and started constructing a new bearish trend C.
Daily. The pair’s now forming downward impulse , the end of which the market will start to rise in the wave .
H4. This week the pair will continue forming the descending impulse (5). Market will generate a horizontal correction 4 and impulse 5 of (5). The approximate trajectory of the upcoming move indicated at the picture.