GBPUSD two view forecast

If price create WXY down wave structure. Next up wave movement is unfolding with low (1.2518) of wave one is the invalidation level. But next consideration if price create WXYXZ, for now 3 wave structure is enough to consider as X wave then next Z wave structure is ready to unfold which low (1.2518) can be broken to complete final wave Z then next up wave movement might be unfold.