FX.co ★ GBP/USD wave analysis for March 30, 2011

Given the situation formed by the end of the GBP/USD trading, we can see some uncertainty in further development of the wave situation. This uncertainty is explained by the fact that the price can both continue declining, thus forming a more complex structure of the c wave, in the e, and make a reversal, thus indicating a new section of the uptrend.