FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
216 2 6
This pair has worked its way upward from its low at 1.38355 in a corrective A-B-C wave pattern terminating at 1.45141.
Since then, it was turned down impulsively from 1.45141 to a swing low of 1.40569.
Similar to EURUSD             , this pair will likely work its way down further after correcting up from its 1.40569 low.

Note: This is my 2 cents worth of sharing...


Update 1 (28/03/16)
GBPUSD is currently correcting upwards as forecasted.
At the point of writing, prices have retraced 38.2% of prior down leg.
Cluster of resistance is within the range 1.4231 to 1.4339.
Should prices fail to clear these resistances, significant downside will occur with the nearest target at 1,38355.

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Maybe A place of C
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