As the end of a corrective ABC Elliot pattern, the next move is the line BC going downwards , which also converges with a Major Resistance Area historically and goes with the major bearish trend that the GBPUSD has been stuck into lately .
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.