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Tuesday, August 12, 2025

GBP/USD Analysis on August 12, 2025

GBP/USD Analysis on August 12, 2025

Back Wave analysis
GBP/USD Analysis on August 12, 2025
Back Wave analysis

GBP/USD Analysis on August 12, 2025

For GBP/USD, the wave structure continues

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12.08.2025 08:18 PM

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For GBP/USD, the wave structure continues to indicate the formation of a bullish impulse wave pattern. The wave picture is almost identical to that of EUR/USD, as the only "culprit" remains the dollar. Demand for it is falling across the market in the medium term, so many instruments are showing almost the same dynamics. At the moment, wave 4 is presumably complete. If this is indeed the case, the instrument's growth will continue within impulse wave 5. Wave 4 could

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