GBP/USD Analysis on August 15, 2025
GBP/USD Analysis on August 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 structure. The wave picture is almost identical to EUR/USD, as the sole "driver of the situation" remains the U.S. dollar. Medium-term demand for the dollar is falling across the market, resulting in similar dynamics across many instruments. At present, wave 4 is presumably complete. If this is correct, the pair's rise will continue within impulsive wave 5. While wave 4 could still take the form of
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