Here the two possible elliott wave counts for the fall in the GBPUSD, one shows an extending 5 wave and the cluster at 1.4819-1.4792 seems the more probable target.
The other (red one) shows wave 1) and 3) as very similar wave size, and there for is expected a fith some what long. Ill say that the red count lets more down leash.
The other (red one) shows wave 1) and 3) as very similar wave size, and there for is expected a fith some what long. Ill say that the red count lets more down leash.