GBP/USD: weekly wave analysis

Roman Petuchov

Weekly. The market keeps on forming a bearish zigzag A-B-C. Let's see the markup of the final impulse C in details.

Daily. After the end of the impulse [3] a correction [4] began. On the new week the buildup will likely continue. Afterwards we'll see a decline in a bearish wave [5].

H4. After the end of the corrective wave 4 price will extend growth in an impulse 5. Sell on a final part of the impulse (C).

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