GBP$

I expected an immediate fall in the pair to below 1.6692. That did not turn out.

Sorry.
Given the wave structure now, the pair should now do the dropping.
NB: Should the pair rise to 1.6856 (the wave 1 low), then our wave count will require a re-assessment.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.