GBPUSD Trading In A Temporary Correction; More Upside In View

GBPUSD can be slowing down for a three-wave pullback, which we see it as a higher degree wave B). As we can see sub-waves A and B are already completed, meaning current intra-day weakness can represent wave C. Ideally wave C will search for support around the Fibonacci ratios of 38.2/61.8, before making a new rally towards higher levels.



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