GBPUSD according to plan

The GBPUSD moved nicely according to plan at the end of last week. For now I prefer an ABC correction to be in progress where wave B is currently unfolding. Nevertheless it is too soon to tell whether this unfolds in a sharp correction or a more complex combination. I will therefore wait for this consolidation to settle and buy the break. 1.455 is my preferred minimum target.

for my previous post and context see below:

GBPUSD


1hour chart:

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