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Back Wave analysis
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Back Wave analysis
GBP/USD Analysis on November 12, 2025
The wave pattern for GBP/USD continues
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The wave pattern for GBP/USD continues to indicate the formation of an upward trend segment (see lower chart). However, in recent weeks it has taken on a complex and ambiguous shape (see upper chart).The pound has fallen too sharply, which makes the trend segment beginning on July 1 look uncertain. This section can be viewed as wave 4 — or even as a global corrective wave, since it exhibits a corrective rather than impulsive internal structure. The same applies to
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Chin Zhao,
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© 2007-2025
Summary
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