GBP/USD: weekly wave analysis
Weekly. Long-term bearish zigzag A-B-C is being formed. Let's review the bearish impulse C in the details.
Daily. Inside of the wave C we have already completed waves ,  and . After that a bullish correction  will begin. It may take form of a complex horizontal construction. Let's see the chart of the wave  in the details.
Н4. We review the impulse (5) of . On the new week correction 4 will be complete. After that the pair will extend the decline in a wave 5. Bears will likely reach the prior local low, formed by the wave 3.