After another local rollback, the price continues to move down in the wave [iii] of 1 of (C). It is expected to further decline in price.
Most likely, we have already received a second possible extension within wave [iii] of 1 of (C). After a short-term correction a further decline in price is expected.
The GBP/USD pair
At the moment, the pound figure is not very clear, but nevertheless, after a fairly deep correction in the wave (ii) of [iii] of 1, a further decline in price is expected in the wave (iii) of [iii] of 1.
The correction within wave (ii) of [iii] of 1 has ended, which became a rising zigzag. In the near future a further decline in prices is expected, as well as the establishment of new local minima.
The USD/JPY pair
Perhaps the correction within wave [ii] of 3 of (5) has completed, after which a rapid growth in the wave [iii] of 3 of (5) is expected.
Possibly the wave [ii] of 3 of (5) has ended, which has become a downward zigzag. A further increase in the wave [iii] of 3 of (5) is expected. An alternative pattern (gray in the chart) allows the further development of the wave [ii] of 3 of (5) in the form of a Double Zigzag.
The USD/CAD pair
The price continues to grow in the frames of wave v of (iii) of [v]. A further increase in price is expected.
Most likely only wave  of v of (iii) and wave  of v of (iii) are completed, after which growth is expected within wave  of v of (iii) and the completion of the entire pulse duration.
RoboForex Analytical Department
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