GBPUSD is trading higher, breaking out of the triangle correction that was found in previous wave 4. As we know, triangle corretions occur prior to the final wave, which means current blue wave 5 may see limited upside! In that case, be prepeared for a reversal in the legs, that may follow in the near-term. Ideally resistance and a turning point lower will come around the 1.304/1.306 zone.
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