Elliott Wave Analysis

British Pound is trying to grow. Presumably at 1.5232 level already completed form abc zigzag, zigzag wxy third double wave, which takes peak at 1.6170. At this time, from a local minimum, three waves are formed, may begin to bigger level correction, the X wave, with a target level of correctional 1.56 to 1.58. If the assumptions are correct and the price will not break the critical level of 1.5232, the pound will continue the growth of correctional facilities.