GBPUSD is making a nice bullish rally away from 1.2815 region, where wave B) lows were found. That said current bullish leg can be black wave 1 in the making, with price specifically trading at the end of blue sub-wave three. Ideally a new correction within wave four will follow, and find a new region of support around the previous swing four at 1.2915 level.
GBPUSD, 1H
