GBP/USD Analysis on August 14, 2025
GBP/USD Analysis on August 14, 2025
The wave pattern for GBP/USD continues
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The wave pattern for GBP/USD continues to indicate the formation of a bullish impulsive wave structure. The wave picture is almost identical to that of EUR/USD, as the only main driver remains the U.S. dollar. Medium-term demand for the dollar is declining across the market, resulting in many instruments showing nearly identical dynamics. At present, wave 4 is assumed to be complete. If this is indeed the case, the upward movement will continue within the framework of impulsive wave 5.
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