It appears that corrective Wave A in the GBP/USD pair is nearing completion, and Wave B may be forming. The Wave 1 to 5 structure seems to have been completed, indicating the beginning of an A-B-C corrective phase.
If the correction unfolds as expected, potential upside targets are 1.32918 and 1.33555. However, if the market faces rejection below the trendline, the stop-loss level would be 1.32021.
If the correction unfolds as expected, potential upside targets are 1.32918 and 1.33555. However, if the market faces rejection below the trendline, the stop-loss level would be 1.32021.
Trade closed: target reached
perfectly upside moves 
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