A C wave (of either a triangle or flat) is underway (although there is the slight possibility that wave C of the triangle is complete at 2.0006…see red labels).
If a triangle, wave C likely continues until 2.02 (March 27 top). If a flat, wave C will continue through 2.04. If wave C of the triangle is complete at 2.0006, then the drop from there is wave D and could come under 1.9648. Longer term traders should hold GBPUSD as long as price is above 1.9409 since wave E would lead to a rally anyway.
STRATEGY: Bullish, against 1.9648, target 1 at 2.0175, target 2 TBD