1.3000 level has been a strong support for the past month. If EU doesn't grand UK extension next we could see GBPUSD suffer heavily
Shark pattern near the 1.1500 resistance
Running Triangle in construction (Wave B) then wave C to complete a big Zigzag
Wait for confirmation of a bull move, currently forming a flag on H4
- Final wave swing of the Leading diagonal (a) red degree .. which is expected to terminate at 1.1100 - 1.1200 region, also a 61.8% retracement of the 2017 swing from 1.0400 to 1.2558. - Next would be a corrective structure wave (b) red degree.. expected to terminate at 1.1700 -1.1800 region.