Short retracement then more downside for GBPUSD
After Fridays decline the Pound is retracing some of it's losses this morning here in Asia. However, I think the retracement will be short lived and the Pound decline has further to go.
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PLaying out as expected. Perhaps one more leg down before a correction to complete wave 5.
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Got my count a bit wrong but still worked out. Difficult not to with the Pound these days!