FX.co ★ mdouglas | Wave Wisdom: Mastering the Art of Wave Marking in Forex!

Regarding GBP/USD, had to change the perspective, something doesn't seem right with the correction to the upside. Everyone started setting up nicely for the impulse of the first wave, so I concluded that we finished the second wave on the high, and now we are in the first wave of the third in wave (C), where we still need a bit more growth in the fifth of the third in wave (1) in wave (3) in wave (C) or in the third higher wave. We will figure out later which wave the growth will accelerate in. If we don't break the low of Friday, I expect further movement in the fifth of the third in wave (1). If they manage to surpass Friday's high, then we will likely move into a correction in the fourth in wave (1) in wave (3) in wave (C) or in another third wave.