FX.co ★ Wave analysis of the GBP/USD for November 25, 2010.

During the yesterday's deals the GBP/USD continued the downtrend in favor of greenback. Amid this despite a slight slow down of pound prices rather complicated wave structure of the current downside trend area begins forming . Worth pointing out that in accordance with the scenario implying the fall continuation of currency pair rates, presently the 3d wave has been forming in the assumed 3-d one.