4 hour
The GBP/USD is building a bearish correction which is probably part of a larger a wave 1-2 (green). This is invalidated if price breaks below the 100% Fibonacci level of wave 2 vs 1.
1 hour
The GBP/USD is showing a triangle chart pattern (orange/blue). A break below or above the triangle could indicate a potential breakout.
4 hour
1 hour
Origin: Admiral Markets
