OANDA:GBPUSD   āļ›āļ­āļ™āļ”āđŒāļ­āļąāļ‡āļāļĪāļĐ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļ
If counting is correct, 9 waves in Weekly has been formed since 24th Feb then bearish trend has started.

I've been analyzing over this weekend but no idea came up.
So I made 3 scenarios.

This year's low(1.3778) must be A or C.

1) if it's A, bearish.
1-1 This month's high(1.4004) should be B, so this year's low(1.3778) should be broken with 5 bearish waves soon.
1-2 This month's high(1.4004) should be A,last week's low (1.3808) is B, then A is broken with 5 bullish waves to make C, which turns B, then the price goes down with 5 bearish waves to break A(1.3778).

2) if it's C(=0), bullish.
This month's high(1.4004) should be 1 and last week's low(1.3808) is 2.
So this month's high(1.4004)must be broken.

As of now I take 1-1, bearish.

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HAVE A NICE WEEKEND!!

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