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

Regarding GBPUSD, the pullback continues, and there is a suggestion that the pullback is only in wave (a), where the pair is completing the fifth wave. It is enough to update the maximum, and wave (a) in (2) in (C) will be completed. This is an alternative scenario if by the end of today the pair does not start the third wave and does not complete the second wave today, as there will be no third wave tomorrow. Therefore, such a scenario with wave (a) could occur. If the pair completes wave (2) today, it will need two maximum updates to exclude the impulse in the off (a) in (2) and be able to reverse downwards. Possibly, by the end of the week, wave (3) in (C) will already be continuing.