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GBP/USD: weekly wave analysis

Daily. It seems that the market keeps forming a row of the waves which are beginning the downtrend. At the last section there’s another bullish correction [ii]. After a small increase we expect the pair to reverse and go down.

H4. The wave [ii] is taking form of a rising zigzag. The approximate scheme of the upcoming move is shown at the chart. We recommend looking for the levels for selling at the end of correction [ii].

GBP
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