The waves are too choppy to count as wave iii so it's possible GBPUSD is doing a double zig zag. The bearish option is wave i of iii is underway as a leading diagonal (replace c for a; x for b and now c is underway).
P.S. My last charts in SPX still in play. You can see these at here.

Hello marketwaves,
ReplyDeleteGreat to see you had expanded for currencies to apply waves. SPX is far too boring anyway (nowdays, last 6 months). ;)
Btw. the diamond pattern you posted for SPX earlier was most beautifull diamond I never had saw as diamond. I saw that post just now since I´ve been busy with my own waves and not much time in the web recently.
Enjoy your weekend,
Mika