Simplified wave analysis and forecast for GBP/USD, AUD/USD, and EUR/JPY on July 6

GBP/USD Analysis: A flat correction wave has been forming in the British pound market over the past 3 months. The extremes of the graph show a distinct stretched plane. The last part of it is incomplete. An intermediate correction has been developing for the last 3 weeks. The structure of this zigzag looks formed, however, […]