The price has moved down significantly, clearly indicating a trend reversal. This was expected, as the completion of a large ascending zigzag with a terminal diagonal triangle in wave 5 of (c) was previously anticipated....

The pound made an attempt to fight back. The element of surprise played a role, as after a relatively strong rise, the price quickly began to slip downward. However, this decline is likely corrective in...

The current price decline appears to be forming within the development of a terminal diagonal triangle. Wave 3 in this model seems to be more prolonged than initially anticipated. The update of the minimum during...

The price continues to trade near the previously established local high without making any sharp movements. For this reason, considering alternative scenarios at the moment seems impractical. The primary scenario remains unchanged. It suggests the...

The pound also failed to resist pressure from the U.S. dollar, leading to a new low and the cancellation of the previously anticipated zigzag scenario. This movement now resembles a full-fledged downward impulse. Following this,...