GBPUSD is higher as expected; now in wave C) of 4 which is a final leg of a corrective pattern so upside can be limited. However, there is room for a push to 1.4500, maybe even 1.4560 but we have to be aware of a bearish turn soon. An impulsive drop back to 1.4150 will be important confirmation for a change in trend from current bullish mode back to continuation of a bigger bearish trend.
GBPUSD, 4H
GBPUSD, 4H
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