GBP/USD Bearish: Currently we are at 1.2304 in a 5th wave. We have Divergence starting to signal the end of the wave. We are looking to continue to the ATR target at 1.2214 area - expect a reaction there. The average true range (ATR) for the pair currently is 129 pips per day.
GBPUSD 5th wave completion GBPUSD 5th wave completion