GBPUSD Wave Analysis - 200 pips to the upside before Wave C

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is still in correction mode. Market is forming some kind of flat correction .

We are currently in the wave 5 of the extended wave 3.
After that we should see a wave 4 correction before the final push to the upside.

Target of Wave 5 is the top of the channel, around the 1,32500 area.

After reaching the top of wave B we will the push to the downside with Wave C, which finishes the Wave 2 correction.


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