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KlejdiCuni

GBPUSD: Near critical zone UP or DOWN ???

British Pound / U.S. Dollar (FX:GBPUSD)  
KlejdiCuni Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Trend Analysis Wave Analysis
31
4
chartpattern trendanalysis waveanalysis
GBPUSD is near a critical price zone. If price is not going to break out the flag the possibilities are really high for one more move down. Look at the price reaction near trend line.
Otherwise wait for a solid break out before going "LONG".

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Comment:
Harmonic perspective for the chart above.
GBPUSD: Another Harmonic perspective development
Trade active:
The situation is getting difficult with GBPUSD as price broke out from the flag but it's not showing strong momentum. So I am going to sell the Bearish Gartley. Trade with care and use stops.
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