Simplified wave analysis for October 16th. GBP/USD: waiting for depreciation; USD/JPY: yen continues to weaken against the dollar; USD/CHF: market unchanged
Relevance up to 09:00 2019-10-17 UTC+2 GBP/USD Analysis: In recent months, the direction of the trend of the British pound sets an upward wave. The final stretch started a week ago. To date, the pair's quotes are in the zone of a potential reversal. The wave structure looks complete. The counter s....