GBPUSD – FlatThe wave frame indicates intention of the price to move down. Correction in the form of a zigzag is over, but after that so far no clear movement took place.In the near future the pair can finally take impulse downward acceleration caused by formation of the wave 3 of downward momentum. So far, it remains to wait and hold short positions open.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.