I'm thinking GBP/USD has completed abc correction , now i'm expecting it to give us one more final leg --wave C of wave Y of wave B to complete the pattern... I'm just a beginner....
I'm thinking we are correcting wave (A) of (Y) of (B).. If this prove to be a correction of (A) then expect one more leg up to complete the pattern (C) of (Y) of (B) or else expect this to be a new bear... If this prove to be a new bear, then we have complete wave (Y) of (B)....
Your analysis are always the best,Thank you cyclewave... I'm also thinking that we are in (b) wave of (y) of (X) ,soon it complete, we start going down for wave (c) of (y) of (X),then once (X) completed then all the way up for wave (Y).... I'm just a beginner...