GBP/USD Analysis on July 15, 2025
GBP/USD Analysis on July 15, 2025
The wave pattern for GBP/USD continues
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The wave pattern for GBP/USD continues to indicate the formation of an upward impulsive wave structure. The wave setup closely mirrors that of EUR/USD, as the common driving force is the U.S. dollar. Demand for the dollar is weakening across the market, which is why many instruments are showing similar dynamics. Wave 2 of the upward trend has taken the form of a single wave. The presumed Wave 3 has a strong and completed appearance, so I expect the development
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