Stop: 1.5310 or market
TP: 1.5482 or market
Discription: GBPUSD develops more complex deep correction, most likely it is a double wave . As a rule, the fourth wave is a complex, deep or extensive.
The anticipated growth of currency to the target zone 1.5482 or 1.5568 (which is 100 points less than the 32.8% Fibonacci of the third wave (iii)), and then a further fall in the zone of 1.5000 GBPUSD
I hope I'm right.
P.S. sorry for my english
Transaction #1: Profit / Loss (+19pi) Stop/TP (1.5367)
Finally: I close my position on the market, the general idea here to see prices trade.
ALT: ED maybe LD, then short with target 61.8% of end of LD.