The GBPUSD is still in correction. This down move in maybe a C wave in the higher degree B wave. On the 60 mins there is a sell setup if it makes a flag , then watch for reversal.
I will try to post updates as often as possible.

Trade with care.
Thanks for your support.
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If you are not in this one as yet there is still a chance for one small buy to the trend line , then move stops and see if it breaks or bounce for one more down.
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60 min close up view

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Broke out
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Buys stopped out , wait for flag before any sells

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Elliott Wave

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