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GBP/USD: weekly wave analysis

Roman Petuchov, FBS analyst

Weekly. The market is currently building a bullish zigzag A-B-C. Let's see the detailed markup of the impulse С.

Daily. Bullish correction [4] of C has been constructed. Bearish impulse [5] is now being born. The decline will continue on the new week.

H4. Correction (2) is over. The market is currenctly forming the wave (3). The decline will extend in the coming sessions. 

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