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FX.co ★ dusty24 | GBP/USD

GBP/USD

GBP/USD

GBP/USD

**GBP/USD daily forecast summary:** The system proved to be correct with a downward expectation. We can consider that we have reached the target, so we can say that we have worked out everything we could today. Since the level of 1.2455 has been updated, it indicates extensions. Extensions often lead to follow-through the next day, which in our case means we will see follow-through on Monday. Also, on the 30-minute and 1-hour timeframes, the indicators have shifted to the south, indicating that we will continue south next week. **Medium-term outlook:** It is evident on Monday that the downward zigzag has prevailed, confirming that the system was right in expecting a southern zigzag. We can confidently say that the second wave downwards has started, and the first wave with an upward zigzag has ended.
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