gbpcad is in impulsive wave that completed wave b of iii and started wave c of iii I think this wave will continue in the range of 1.72460 to 1.72580 and after correcting the fourth wave with the fifth wave, it will touch the 1.73150 target.
First it hits the support area, then enters the uptrend and breaks the first resistance level. Then the pullback to the level and move to the next resistance
3 waves that can be avelaible :wave1 after touch the trendline is good for entry
wave2:in the end of wave 1 will be a riscky postion
wave 3:in the end of wave 2 if change dirction can be sutible postion for long
After the end of wave c from zigzag at the price of 62,500 will enter the correction wave c and the first target of this wave will be available at least 33000 and if the trend continues 22000
