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Back Wave analysis
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Back Wave analysis
GBP/USD Analysis on August 21, 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 impulse structure. The wave picture is nearly identical to that of EUR/USD, as the only "driving force" remains the U.S. dollar. Demand for the dollar has been falling across the market (in the medium term), which is why many instruments are showing nearly the same dynamics. At present, wave 4 is assumed to be complete. If that is indeed the case, the instrument will continue rising within
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Chin Zhao,
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© 2007-2025
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