GBPUSD
On the 1h chart of GBPUSD, we see a leg from 1.5336 as an impulse that is part of a larger downtrend so we will continue to look down after a three wave bounce. We are waiting on that move which can be interesting for shorts, but rally up to around 1.5200 is needed for better entry with risk/reward trade.
GBPUSD, 1H
GOLD remains trapped in a sideways formation which is currently looking like a triangle, possibly in the final leg of a contracting range. We are tracking wave (e) that can move up to around 1080 from where we will look for a new turn to the downside.
