Simplified wave analysis and forecast for GBP/USD, AUD/USD, EUR/JPY on August 14

GBP/USD Analysis: The dominant bullish trend of the British pound led the quotes to the area of strong resistance on a large scale. Since the end of July, the price forms a flat correction along its lower border, which resembles a “pennant” in shape. Forecast: Today, the flat mood of the pair’s movement is expected […]