If gbp falls from here i think we can expect a zigzag for z or hopefully a triangle which will give the price action a curved half moon look and an easy buy set up
please see the previous wxy and curved half moon appearance of the price action
in between the 2 corrections i count 12 - extended 3 -- 4 - and truncated 5th that is the only way I can justify my wxy - possibly xz -- count