over all moving in descending broadening wedge in daily tf
bad thing for gbpusd is that gbp has broke counter trendline witch is not good for gbp currently retesting trendline incase of successful retest expecting minimum300 to 400 pips bearish move
for reversing long downtrend gbpusd needs to break descending broadening wedge incase of breakout expecting 5 to 600 pips bulish wave