On the daily chart, the downward wave of the higher level А ended, within which the fifth wave (5) of А formed, and the development of the upward wave B started. Now, the first entry wave 1 of (А) of B is developing, within which the third wave of the lower level iii of 1 is forming.
GBPUSD - Growth is possible.
On the daily chart, the downward fifth wave of the higher level 5 of (V) ended, within which the wave (5) of 5 formed, and the development of the upward first wave (1) started. Now, the third wave of the lower level 3 of (1) is developing, within which the wave iii of 3 is ending.
If the assumption is correct, after the end of the local correction iv of 3, the GBPUSD pair will grow to the area of 1.259 – 1.29. In this scenario, critical stop loss level is 1.1899.
On the daily chart, the upward fifth wave of the higher level 5 and the wave (3) of 5 develop. Now, the third wave of the lower level 3 of (3) has formed, a local correction has ended as the fourth wave 4 of (3), and the formation of the wave 5 of (5) has started, within which the wave i of 5 is developing.
On the daily chart, the first wave of the higher level (1) formed, a downward correction ended as the second wave (2), and the third wave (3) develops, within which the first entry wave of the lower level i of 1 of (3) forms. Now, the wave (iii) of i and the wave v of (iii) are developing.
On the daily chart, the downward wave of the higher level А ended, within which the fifth wave (5) of А formed, and the development of the upward wave B started. Now, the first entry wave 1 of (А) of B is forming, within which the third wave of the lower level iii of 1 is developing.
On the daily chart, the downward fifth wave of the higher level 5 of (V) ended, within which the wave (5) of 5 formed, and the development of the upward first wave (1) started. Now, the third wave of the lower level 3 of (1) is forming, within which the wave iii of 3 has ended, and a local correction is forming as the wave iv of 3.
On the daily chart, the third wave of the higher level 3 ended, and a downward correction forms as the fourth wave 4. Now, the wave of the lower level a of 4 is developing, within which the wave (v) of a is developing.
On the daily chart, the first wave of the higher level (1) formed, a downward correction ended as the second wave (2), and the third wave (3) develops, within which the first entry wave of the lower level i of 1 of (3) forms. Now, the wave (iii) of i is developing, within which the wave v of (iii) is developing.
On the daily chart, the upward wave of the higher level (А) formed, a downward correction ended as the wave (B), and the development of the wave (C) started. Now, the first entry wave of the lower level i of 1 of (C) is forming, within which the wave (iii) of i has formed, a local correction has ended as the wave (iv) of i, and the wave (v) of i is developing.
On the daily chart, the upward fifth wave of the higher level 5 and the wave (3) of 5 develop. Now, the third wave of the lower level 3 of (3) has formed, a downward correction has ended as the fourth wave 4 of (3), and the formation of the wave 5 of (5) has started, within which the wave i of 5 has ended, and the local correction ii of 5 is developing.
On the daily chart, the third wave of the higher level 3 develops, within which the upward first wave (1) of 3 formed, and a downward correction ends as the second wave (2) of 3. Now, the formation of the wave C of (2) is ending.
On the daily chart, a downward correction ended as the fourth wave of the higher level (4), within which the wave C of (4) formed as a momentum, and the development of the fifth wave (5) started. Now, the first entry wave of the lower level 1 of (5) has formed, within which the wave v of 1 has developed, and a local correction has started as the second wave 2 of (5).
On the daily chart, the third wave of the higher level 3 develops, within which the upward first wave (1) of 3 formed, and a downward correction ended as the second wave (2) of 3. Now, the wave C of (2) has ended, and the development of the upward wave (3) of 3 is starting.
On the daily chart, the fifth upward wave of the higher level 5 develops, within which the wave (3) of 5 forms. Now, the third wave of the lower level 3 of (3) has formed, a downward correction has ended as the fourth wave 4 of (3), and the wave 5 of (5) is developing, within which the wave i of 5 has ended, and the local correction ii of 5 is forming.
On the daily chart, the first wave of the higher level (1) formed, a downward correction ended as the second wave (2), and the third wave (3) develops, within which the first entry wave of the lower level i of 1 of (3) forms. Now, the wave (iii) of i has formed, and a local correction has ended as the wave (iv) of i.
On the daily chart, the upward wave of the higher level (А) formed, a downward correction ended as the wave (B), and the wave (C) develops. Now, the first entry wave of the lower level i of 1 of (C) has formed and a local correction has started to develop as the second wave ii of 1 of (C).
On the daily chart, the third wave of the higher level 3 ended, and a downward correction forms as the fourth wave 4, within which the wave of the lower level a of 4 develops. Now, the wave (v) of a is developing, within which the wave v of (v) is forming.
On the daily chart, a downward correction ended as the fourth wave of the higher level (4), within which the wave C of (4) formed as a momentum and the fifth wave (5) develops. Now, the first entry wave of the lower level 1 of (5) has formed, within which the wave v of 1 has ended, and a local correction is developing as the second wave 2 of (5).
On the daily chart, the upward fifth wave of the higher level 5 and the wave (3) of 5 develop. Now, the third wave of the lower level 3 of (3) has formed, a downward correction has ended as the fourth wave 4 of (3), and the wave 5 of (5) is developing, within which the wave i of 5 has formed, and the local correction ii of 5 has ended.
On the daily chart, the third wave of the higher level 3 develops, within which the upward first wave (1) of 3 formed, and a downward correction ended as the second wave (2) of 3. Now, the wave C of (2) has ended, and the upward wave (3) of 3 is developing.
