GBP/USD: Elliot wave analysis
Weekly. GBP/USD may have completed the construction of the wave [II]. In the near future a new trend may start.
Chart. Weekly GBP/USD
Daily. The construction of the wave  is close to an end. When it’s over, the pair will start forming upward corrective wave .
Chart. Daily GBP/USD
H4. The layout of the downward impulse wave  is shown at the picture. In the near future we’ll see the completion of the wave 5 of (5) of . Then pound will begin a corrective movement upwards. The approximate trajectory of the wave is represented at the chart.
Chart. H4 GBP/USD
Roman Petuchov for FX BAZOOKA