GBP/USD: Local maximum is expected to be updated.
The pound doesn’t want to put things off for a long time, pushing the price higher and higher. However, the local maximum has not yet been reached. But it seems that in the nearest future the buyers will try to take this height, at least the situation is disposed to it. The final wave of elongation of the inner wave is still expected to develop iii.
The price is expected to update the maximum, which will indicate that wave iii is formed. After that, the pair is expected to decrease in correction.
While the probability of growth is high, it is necessary to take a closer look at the possibility of opening deals to buy.