GBPUSD Long

I think GU is currently in a wave 3 and is now in an ABC correction. If price bounces off a fib level(50%,60% or maybe 70%) it is a likely indication that the wave C of the correction is over and the wave 3 will continue upwards. Remember to watch price action and only enter when you're most certain that price is respecting and bouncing off a fib level.