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The yestarday’s dynamic decline of the rates for the GBP/USD pair can cause the development of the outlined decreasing movement and correspondingly to a deep falling of the pound price. Thus, our assumptions as to the market movement after the 18th of August to have formed a wave structure of an inclined wedge, can confirm. If it is so, the local maximum of yesterday can be the completing wave of this triangle and so it is possible to expect for the price decline off the pair to the level of the 52nd figure.
