The paper presents a nonparallel stability analysis of the intermediate region of the two-dimensional wake behind a bluff body. In particular, it analyzes the convective instabilities using a Wentzel-Kramers-Brillouin-Jeffreys method on a basic flow previously derived from intermediate asymptotics D. Tordella and M. Belan, Phys. Fluids 15, 1897 2003 . The multiscaling is carried out to explicitly account for the effects associated to the lateral momentum dynamics at a given Reynolds number. These effects are an important feature of the base flow and are included in the perturbative equation as well as in the associated modulation equation. At the first order in the multiscaling, the disturbance is locally tuned to the property of the in...