GBPUSD

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GBPUSD – Second wave likely over – August 12th, 2021

Wave 2 turned out to be longer, so we can’t rule out a further decline in the short term. At the same time, the opportunity to have a third-wave advance remains on the table. A local five-wave advance will boost the idea.
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GBPUSD – Second wave likely over – August 11th, 2021

It seems like wave 2 might have been in place, probably in the form of a zigzag. Previously, we had a bullish impulse for wave 1. In this case, we’re likely at the early stages of a third-wave advance. A break of the high of wave ((b)) will boost the idea.
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GBPUSD – Second wave is underway – August 10th, 2021

Wave 2 is likely going to be a little bit longer, so the market should continue unfolding a bearish impulse for wave ((c)) of 2 in the coming hours. Even so, the opportunity to have the third wave of wave ((5)) remains on the table.
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GBPUSD – Second wave is underway – August 9th, 2021

Wave 2 is likely going to be a little bit longer, so the market should continue unfolding a bearish impulse for wave ((c)) of 2 in the coming hours. Even so, the opportunity to have the third wave of wave ((5)) remains on the table.
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GBPUSD – Second wave is underway (+ Daily) – August 8h, 2021

Wave 2 is likely going to be a little bit longer, so the market should continue unfolding a bearish impulse for wave ((c)) of 2 in the coming hours. Even so, the opportunity to have the third wave of wave ((5)) remains on the table.
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GBPUSD – Second wave is underway – August 5th, 2021

It seems like wave 2 might have been in place, probably in the form of a zigzag. In this case, as long as the price remains above the low of wave ((c)), we can’t rule out a further advance.
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GBPUSD – Second wave is underway – August 4th, 2021

Today’s decline suggests that wave 1 might be in place. If so, the market is likely going to continue unfolding wave 2, probably as a zigzag. In this case, the low of wave ((a)) should be broken shortly.
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