GBpusd is currently heading for wave 5 which will give us a room to short the pair after its completion. No one can say precisely yet where wave 5 will terminate but we expect a vivid count of a complete impulse that makes up wave 5 and a confirmation candle before we decide on this trade.

So I will wait till wave 5 completes.

Elliott WaveGBPGBPUSDgbpusdsignalpoundsterlingTrend AnalysisTrend Lines

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