Currency Analyst since 2010

GBP/USD: Elliot wave analysis

Weekly. The pair completed the formation of the corrective wave [II].

Chart. Weekly GBP/USD

Daily. Wave [II] took form of a flat, which is fully equipped with the waves of the junior level.

Chart. Daily GBP/USD

H4. Here’s a detailed layout of the last section. In the near future pound is expected to continue a downtrend.

Chart. H4 GBP/USD

Roman Petuchov for FX BAZOOKA

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