A large number of options with GBPUSD is giving us 3 main scenarios:
1. Yellow - the simplest, we wait for little up movement and then the continuation of the following correction;
2. Purple - some concave movement after which the top is retested and maybe we'll have another top after which we have another 2 options:
2.1 - Purple - here we have some flat correction and possible continuation of GBP price recovery;
2.2 - Green - after a new top is there we have an aggressive sell-off to complete a sufficient correction;
1. Yellow - the simplest, we wait for little up movement and then the continuation of the following correction;
2. Purple - some concave movement after which the top is retested and maybe we'll have another top after which we have another 2 options:
2.1 - Purple - here we have some flat correction and possible continuation of GBP price recovery;
2.2 - Green - after a new top is there we have an aggressive sell-off to complete a sufficient correction;
Order cancelled:
reached the point