By escaping from the contraction triangle and breaking the descending channel, it can touch the specified areas by completing the pullback to the broken swing. Also, considering that 23% of the fibo of the previous wave has been corrected, this return wave can touch the previous ceiling.
Comment:
According to the moving direction, it is ascending.
Comment:
Now the GBPUSD currency pair is stabilizing after breaking the resistance to continue the buy position.
Comment:
The target was touched on the fourth pound to the dollar.