GBPAUD Daily wave analysis
I think we are in a double ZZ wave ,now we exactly in wave 4 of c wave of the final Y wave .
in this wave the price expected to touch the 38% Fibo and go up again for wave 5 .
after this wave 5 end a strong move down is expected and a bearish set up can be made .
keep an eye on it .
in this wave the price expected to touch the 38% Fibo and go up again for wave 5 .
after this wave 5 end a strong move down is expected and a bearish set up can be made .
keep an eye on it .
wave 2 was sharp , so wave 4 expected to be side wave either flat or a triangle :