Analysis of wave counting:

The continuation of a very slow progress of the uptrend in the course of yesterday's trading. At the end of the day, the GBP / USD pair was able to settle at the target of 1.3250 mark. The current situation of the wave suggests that the GBP/USD pair has completed the formation of the third wave, which in its composition significantly complicated its wave structure of the third wave, in the 3rd, in the 5th, in the third, or C. In this case, the currency pair may start lowering the quotations practically from the high of the past day in the direction of the 1.3150 mark and mark the beginning of the 4th wave, in the 3rd, in the 3rd, in the 5th, in the 3rd, or C.

Objectives for building a downward wave:

1.3148 - 76.4% by Fibonacci

1,3083 - 61.8% Fibonacci retracement

1.2900 - 1.3000

Goals for building an upward wave:

1.3252 - 100.0% by Fibonacci

1,3300

General conclusions and trade recommendations: