GBP/USD: Primary Triple Zigzag Likely to Complete Near 1.077

[PocketOption]

GBP/USD: Primary Triple Zigzag Likely to Complete Near 1.077

The internal structure of the GBPUSD currency pair suggests the formation of a global corrective trend - a triple zigzag w-x-y-x-z. On the 1H timeframe, we see the final actionary wave z of the cycle degree. The wave z most likely takes the form of a primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. At the beginning of August, […]

The post GBP/USD: Primary Triple Zigzag Likely to Complete Near 1.077 appeared first on Action Forex.

Source: GBP/USD: Primary Triple Zigzag Likely to Complete Near 1.077