A 290-350 Pip Pullback On Cable?

Hello fellow traders,

GBPUSD is trading bearish, down from 1.34 high and unfolding a bigger impulse. We are still missing two of the five needed legs for this impulse to be regarded as completed, so be aware of one more corrective leg higher; a wave 4), and later one more leg lower, wave 5). At the moment we anticipate wave 4) to make a pullback in 290/350 pips, similar to previous corrections, before a new low may follow.

GBPUSD, Daily