GBP/USD: wave analysis 2016-05-12 10:06 (GMT+2)

GBP/USD: wave analysis 2016-05-12 10:06 (GMT+2)

 GBP/USD: wave analysis 2016-05-12 10:06 (GMT+2) Free Forex Signals Fall
is still possible. Assumingly, wave 4 of the higher level has finished
forming. Locally, the fifth wave seems to have started developing,
within which the first starting wave i of 5 is presumably forming. If
the assumption is correct, the pair continues falling towards
1.4330-1.4040.