Wolfe wave expected waiting till the price reached the desired area to short
taking in consideration that bullish trend taking more time to consolidate than bearish trend comes this idea to my mind . i am not sure if it's making sense but looks logical to me specially the price didn't meet the upper trend yet .
best selling point ,as the price consolidating to continue down lend pack
GBPUSD forming a continuation wave 4 pattern and likelihood heading to 1.16 on the long run ,specially the price consolidated for around 305 days the same days took the wave 2 to be shaped
very possible pattern if we take in our consideration the correction might be seen in the next two weeks in USD
as we are in a Final stage of Elliot waves ,ascending triangle reveled itself as additional signal supports the bullish in the pair despite the fundamental news that accrued recently in Australia.