Currently it seems to be wave A of wave 4 in the daily trend.
Within wave A we are in wave 3.
I would prefer not to go short in GBPUSD at this time and wait for wave 4 and 5 of A to finish before entering long in wave a of B of 4.
Within wave A we are in wave 3.
I would prefer not to go short in GBPUSD at this time and wait for wave 4 and 5 of A to finish before entering long in wave a of B of 4.