FX.co ★ Wave analysis of GBP / USD for January 8. The pound sterling can again begin a strong fall.

Wave counting analysis:

On January 7, the GBP / USD pair added about 65 bp more. In the future, 3 or c. The instrument came close to the wave of 2 or b. From this, I'm looking for a wavelength of 100.0% and 127.2% fibonacci. However, after that we've been waiting for the UK.

Shopping goals:

1.2815 - 0.0% Fibonacci

Sales targets:

1.2385 - 127.2% Fibonacci

1.2270 - 161.8% Fibonacci

General conclusions and trading recommendations:

GBP / USD pair is close to completion of wave 2, at 3 or s. Therefore, I'm not sure why I'm not happy, but I'm not sure, but I'm not sure if I'm not happy. the current wave marking and further enhance the tool.