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Cable has more downside left - But a correction is on the way

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Libra Esterlina/Iene Japonês (FX:GBPJPY)  
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FX:GBPJPY   Libra Esterlina/Iene Japonês
cable GBPUSD gbpusdshort Elliott Wave Trend Lines Parallel Channel bounce
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cable gbpusd gbpusdshort elliottwaves trendline parallelchannel bounce
This is the expecatation for GBPUSD. The correction drawn in a blue squiggly is just for illustration. It could be any pattern, but I expect it to reach the outer boundary of the overall trend channel.

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