GBP/USD: wave analysis
By Roman Petuchov
Weekly. The price is forming a global descending zigzag A-B-C. After having completed the global wave flat B the pair started to decline in a new bearish trend C.
Daily. Wave  takes form of a more complicated wave than we expected before. Let's see the details on the H4 chart.
H4. Corrective wave  take a form of a double tripple. This week we expect the price to grow in a double zigzag (y) of . Afterwards the decline is set to continue, but it is still too early to talk about that.