longterm short oppurtunity at GBP USD. The chart looks like building an ending diagonal to finish its privious abwards impuls.
also i think the bears pressure is moving foward, so its possible that we see a new low for wave 5.
next strong bulls can follow for an new upward movement.
corresponding EUR GBP have a lot of bullish momentum so my prediction is that we see a new high for that.
Elliott WaveWave Analysis

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