GBPUSD made a sharp drop in the past couple of trading sessions, which we now see it as final wave C of B). Ideally current drop represents the final piece of a complex correction, that may find support near the Fibonacci ratio of 50.0 and from there turn higher. A five wave rally and a breach of 1.2984 level would later then suggest a bullish continuation.
GBPUSD, 1H
