GBP/USD: Elliot wave analysis
Weekly. The formation of the wave [II] is close to an end.
Chart. Weekly GBP/USD
Daily. The pair has almost finished upside impulse in the wave (С).
Chart. Daily GBP/USD
H4. The marking at Н4 shows that we are witnessing the formation of the final upside wave . After this wave is complete, the pair may start a new downtrend.
Chart. H4 GBP/USD