GBPUSD waiting for the correction

I'm anticipating a correction to the downside first before considering any kind of entry for continuation of the trend higher lows were never breached so if this is to remain true then I believe price will drop as much as to 61.8 and as much as 78.6 fib but could go much lower just not break previous low if so trade is invalid.
FibonacciGBPUSDgbpusdanalysisWave Analysis

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