FX.co ★ Wave Wisdom: Mastering the Art of Wave Marking in Forex!
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Wave Wisdom: Mastering the Art of Wave Marking in Forex!
The forum seems to have stalled. Regarding GBP/USD, yesterday we didn't quite reach the high to update it and form the fifth wave, completing the third in three, then we went for a pullback again, even managed to update the low, and now we are trying to turn upwards again. If the pair doesn't update the low today, although there are chances for that, then from current levels, I expect an acceleration into the fifth wave in (3) in (3) in the higher degree (C) or in (3). If they manage to update the low, I don't think this update will be significant, and still expect growth in the fifth within the third in (3). If not today, then from Monday, but it's time to finish from the pullbacks in the fourth, preferably today, with at least a weekend 1-2 into the fifth.