GBPHUF wave structure. In our opinion, the exchange rate is a double bottom. It is assumed that from this bottom one quarter of a quarter rose. This rise rises close to 356 HUF per week. Since this stage is quite volatile, we will be waiting for correction again from level 356. Then again, a quarter-wave reinforcement, then a slight correction and a new reinforcement is expected. This increase may take up to 396 HUF. As this is a one-week-long analysis, we expect this level to be reached in the second half of 2018.