Gartley Pattern implies GBPUSD could be headed towards 1.5538

GBPUSD looks to be showing a perfect Gartley pattern with the D wave target being 1.5520. The pair should then turn to the upside.

Inside the D leg (4hr chart) we can see that GBPUSD has pushed down to 161.8% projection (1.5951). We now look to be correcting in a small sub wave (4) before the next sell off. 

The 261.8% projection (final inner wave) is at 1.5538. 

1 hr chart shows the correction better. Target area for a short would be 1.6049-1.6127.