OANDA:GBPUSD   British Pound / U.S. Dollar

We just finished a bearish 5 wave move so we are excpecting a pullback to at least the 50% of the bearish 5 wave move

As you can see here the ab wave of the correction have already been made but it could also be a 12 wave we are assuming that this will be a abc correction to be more conversative we are also seeing multiple confluences for the C TARGET a harmonic point D will be created the wave 3 target and the A=C and a resistance line

We are ready to buy here it rejected the 38.2 %

profit zone and stop loss
stop loss :1.38640
we will probably enter a sell once the target has been hit
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