Gbp/Usd

Here's an update to Gbp/Usd. I'm keeping a close eye on it to determine where Eur/Usd is in its wave count. After completing wave 4 there are 5 waves down possibly finishing wave 5. This would mean we're in a correction mode higher, where wave A is close to (or has allready) completing. Again I'm not buying this, i don't want to be short the US Dollar anywhere. There are a couple of alternative counts like these 5 waves since the wave 4 top being wave 1 of 5. Another alternative is wave 3 is wave i, wave 4 is ii and the 5 waves down are another wave 1. Watch 1.5701, if broken the alteratives will be invalidated. But price could turn south anytime in a violant way.