GBP/USD: weekly wave analysis

Roman Petuchov

Weekly. The market keeps on falling in a bearish impulse wave C. It is a part of a global zigzag.

Daily. The market is currenctly moving im a descending impulse [5]. The decline will continue on the new week.

H4. We expect a small bullish rebound in a wave (2). Afterwards the decline will continue in a new bearish wave (3).

Scroll to top