21 May 2015, GBP/USD
May 21 of 2015, GBP/USD
Meanwhile, GBP/USD looks as it is in correction.
Formation of a correctional impulse which is represented by i wave, was followed by a decline of a correctional character.
In this correction the wave [a] of ii has been supposedly formed.
So, in the nearest time, we expect development of waves [b] and [c] of ii. That will lead to continuation of a flat movement.