GBPUSD is still moving sideways about we talked yesterday when we highlighted idea of a triangle. What we see now is wave E already in progress, final leg of the pattern that can be looking for a support around 1.4400-1.4440. A bounce could happen there but guess we may have to wait till next week when price may look to break above 1.4578 as confirmation which will lead to 1.4700. We will have to adjust the wave count if price goes beneath wave A floor at 1.4350.
GBPUSD, 1H
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