Analysis of the British Pound vs US Dollar

The ruling trend on this currency pair is still complex, and this is due to movements in larger time frames. That is why, during the evaluation and analysis, you see numerous alternative counting. The key is that in a price and time point, receive a unit signal from trading tools.

Two scenarios can be imagined:
1. We are in a downward correction
2. We are in a downtrend

if the low point of the wave 2 or B to be break, we can set our short positions. Otherwise, patience is the best way until the determination of the structure.