4 hour
The GBP/USD broke above the orange horizontal line which indicates the bottom of wave 1 on a weekly chart and indicates a new wave count for the long-term (see weekly wave analysis next Monday for the newest update).
1 hour
The GBP/USD price action is looking strongly bearish at the moment but the Fibonacci levels of wave 4 (green) remain potential bouncing spots.
4 hour
1 hour
Origin: Admiral Markets
