My alternative outlook for GBPUSD seems more and more reasonable so I want to warn those who are long from the previous calls. We had a good run but it just doesn't look good enough for me for that wave C higher. It still can happen but I like to have a plan B when I need one. To me that alternative scenario will be a triangle for GBPUSD comparable to EURUSD. If we see the break lower I expect at least to see a test of 1.3050ish. Then we will reevaluate whether we need another E leg higher or not.