4 hour
The GBP/USD has broken above the resistance trend line (dotted orange) and previous top and is confirming its bullish momentum within waves 3 (purple and blue).
A continuation of the bullish momentum seems likely even if a larger correction takes place, because that could be the wave 4 (purple) pullback.
1 hour
The GBP/USD is extending the bullish momentum higher and seems to be finishing waves 5 within wave 3 (purple). Eventually price could start a larger wave 4 (purple) pullback.
