22 May 2015, GBP/USD
May 22 of 2015, GBP/USD
As we expected, the pound continued to get consolidated against US currency.
Though an evident reason of this consolidation is the development of the wave [b] of forming zigzug in the wave ii.
So, the pair continues its correction and one more wave down is waiting for us which is associated by formation of the wave [c] of ii.