13 January 2016, GBP/USD
Bears have been dominating for long that made us correct our wave framde.
According to the updated version, perhaps we are dealing with a double zigzag, which at the moment is forming the final wave [ c] of (y).
In the near future we expect continuation of decline within the borders of the impulse wave [c], after which the entire wave model will take a complete shaped and the price can finally begin to grow.
Form of the upward movement will be clear later