Cable keeps falling, now in another fifth wave of decline that can extend weakness down to 1.3750-1.3800 area at the start of this week. But we see pair in late stages of an extended leg from 1.4410 so traders must be aware of another corrective bounce in days ahead. We are talking about red wave 4) as shown on the updated count which can retrace even back to 1.4050 before we get another strong wave down; red wave 5).
GBPUSD, 4H
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