British Pound / U.S. Dollar
Updated

[GBPUSD]

104
correction's continuation.
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There is possibility to have a completion of wave (c), in this area, so a downtrend will follow to unfold wave {c}, which will be the third leg for wave 4 and we will have an opportunity to open short positions.
Instead, if we have a breakout in 1.3340 - 1.3350 level, this will show that wave (c) will be completed higher and long positions will have a good chance.
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Long opportunity
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It's likely that wave {c} of 4 is unfold.
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we expect an impulse five.
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