The price is beginning to develop a corrective structure. This was expected, and such a scenario had been anticipated earlier. This is due to the fact that a downward impulse, presumably wave 1, had formed...

During the past trading day, the situation with the observed currency pair has remained practically unchanged. The price stayed within the boundaries of a small correction, likely forming wave 2 in the emerging downward impulse....

The pound did not miss the opportunity to improve its position and made an attempt to strengthen. Buyers were fortunate as the price rose and slightly updated the local high. It seems that this currency...

During the final trading day, the situation showed no significant changes. The price essentially remained at the same levels. There was an attempt to rise, but this buying momentum was quickly subdued, and the rate...

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....