4 hour
Also the GBP/USD is probably creating a wave 1-2 (green) unless price breaks below the bottom of wave 4 (brown). A bullish break above resistance (red) could confirm wave 5 (brown).
1 hour
The GBP/USD is probably building a bearish correction after completing 5 bullish waves (grey). The bearishness is probably an ABC zigzag (grey) within wave 2 (green).
4 hour
1 hour
Origin: Admiral Markets
