For the pair under review, it is probably formation of a correction, which with a high probability will take the form of a zigzag. The development of the second wave of this model is ending...

The situation is fully developing as expected. Growth, as intended, did not receive further development. Thus it is confirming the assumption of the corrective nature of this movement. Now the price is at local minimums,...

The buyers failed to form the lead-in impulse in that form which was supposed to be. Sellers were able not only to halt growth but also to push the price to a fairly good depth....

The past trading day made further adjustments to the emerging wave scenario. The development of the downward movement apparently will be delayed again. This stems from the strong upward movement that happened during yesterday's trading...

The situation for this pair is still considered within the expectations. The exchange rate of the British currency was declining, but sellers failed to gain good speed. Opponents took advantage of the indecision and returned...