4 hour
The GBP/USD break below the support line (blue) would confirm a bearish continuation. For the moment price remains choppy but a wave 5 could occur if price does not break above resistance (red).
1 hour
The GBP/USD is showing strong bullish momentum but the wave structure could change when a clear higher low is visible or when price breaks above resistance (red).
4 hour
1 hour
Origin: Admiral Markets
