Apparently, formation of corrected wave (ii) is continuing as double three. In the short terms, completion of wave y is possible that may result in the beginning of the pair descending in the third wave.
On 1 hour chart, more detailed marking of current price movement is shown. Supposedly, double zigzag in wave y of (ii) is about to be finished. Formation of descending impulse will confirm resuming of the pair descending.
Currency pair GBP/USD
For Pound-US Dollar, formation of diagonal triangle is continued, in the frameworks of which the second wave is about to be finished. So, in the short terms resuming of descend in wave [iii] is possible.
It is seen on 1 hour char that wave [ii] takes the look of double zigzag In the short terms, completion of wave с of (с) is possible that will indicate the possibility of the beginning of formation of wave i of (iii).
Currency pair USD/JPY
Formation of wave (i) is continued. Earlier, descending impulse in wave [v] was formed. Then, in the short term further formation of ascending impulse is possible.
On 1 hour chart, after completion of wave ii, ascending impulse in wave  was formed. So, upon completion of local correction the beginning of the pair growth in wave  of iii is possible.
Currency pair AUD/USD
Form of completed wave [ii] is still quite difficult - maybe is double zigzag. Formation of bearish impulse in wave (i) will confirm the beginning of the pair descending.
On 1 hour chart, continuation of impulse wave с of (y) is still possible. Upon its completion, we will get descending impulse in wave i and market returning to descending and formation of new minimums will be possible.
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