GBP/USD: weekly wave analysis
Weekly. The pair’s continuing development of a strong bearish trend C. Consider its layout details.
Daily. The pair has completed the construction of downward impulse.  At the moment the pair’s forming an upward correction to this impulse –wave .
H4. It’s very likely that the wave  will take form of the Flat or Double Zigzag. If this assumption is true, this week we’ll see the completion of the construction of the downward impulse C of (B). Then the pair will begin the formation of a new upward wave (c) of . The approximate trajectory of the upcoming move is shown at the picture.