GBPUSD might be still working on a Wave 2 or B which terminates above 1.3000. A lower degree wave b could be in place at 1.2840/50 yesterday. We are still in a counter trend probably and short rallies remain possible until 1.2675 is intact. Corrective waves might take time to unfold and test a traders' patience. Might be good to sell @ 1.3175 towards the major trend.
Remain short, add more @ 1.3175 target is open.
Good luck!
Remain short, add more @ 1.3175 target is open.
Good luck!