GBP/USD: weekly wave analysis

Roman Petuchov

Daily. The pair had been declining in a strong bearish impulse over the past year. In Q2 we've seen the pair recovering in a corrective zigzag [4]. In the near term the bearish move will resume. 

H4. The market is now moving in a bullish impulse (C) of [4]. On the new week the upside will likely continue. 

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