GBP/USD Analysis on August 13, 2025
GBP/USD Analysis on August 13, 2025
For GBP/USD, the wave pattern continues
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For GBP/USD, the wave pattern continues to indicate the formation of a bullish impulsive wave structure. The wave configuration is almost identical to EUR/USD, as the only real driver here remains the U.S. dollar. Demand for the dollar is declining across the broader market in the medium term, leading many instruments to show almost the same dynamics. At present, wave 4 is presumed to be complete. If this is correct, the pair's upward movement should continue within impulsive wave 5.
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