GBP/USD: weekly wave analysis
Weekly. The pair’s forming global descending A-B-C Zigzag, within which it’s building a multi-month bearish trend С.
Daily. In line with the forecasts after the pair finished correction , we saw the decline of the price.
H4. The pair’s starting of the new downtrend wave . This week we expect a small correction 2. After that the pair will resume decline.