Reward2Risk

GBPUSD - Using EW for a hint on direction

Long
FX:GBPUSD   British Pound / U.S. Dollar
Talking about the wave situation on GBPUSD and using price to bring some objectivity into the world of subjectivity. In doing so staying the right side of the market or out of the market if need be.
Comment: Wanted that deeper move and it's happening. PB into 618 / 786 retracement region would suffice nicely. The question is will the brakes come on or will track to a point the analysis will be obsolete?