It seems that Pound is forming a flat pattern here which includes 2 ABC corrections (see the image below of Daily chart)
We are expecting 2 scenarios: 1- A corrective short term corrective pattern here and then the continuation of the up move 2- A Daily 3 wave simple ABC structure which has a smaller ABC inside
💬 Please let me know your perspective on this
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I found 2 similar situations, you can see one of them on Nov. 2016 in the image and can see a big ABC correction before take-off which has an ABC correction inside itself (maybe 2)
Operación cerrada manualmente
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Last night during FOMC closed it with about 530pips to find another buy later