The GBP/USD broke the bottom (dotted green) and has continued with its bearish momentum and trend.
The GBP/USD respected the shallow Fibonacci levels of the wave 4 (blue) and price is moving lower as part of the 5th wave (blue) towards Fibonacci targets to complete most likely wave 3 (pink).
GBP/USD 4 hour
GBP/USD 1 hour
Origin: Admiral Markets
