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TevinW

GBPUSD Short Term Buy (Daily)

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
TevinW Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Fibonacci Moving Averages Wave Analysis GBPUSD gbpusdlong gbpusdsignal gbpusdanalysis buysignal Fibonacci Retracement dailychart pullbacktrade
3
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fibonacci movingaverage waveanalysis gbpusd gbpusdlong gbpusdsignal gbpusdanalysis buysignal fibonacciretracement dailychart pullbacktrade
GBPUSD price moving towards 50 day moving average and 50% fibonacci retracement after target 1 reached (which represented measured move from channel breakout).
Move up represents pullback which may turn into longer term sell once reached.
Also represents c move in elliot wave.
Comment:
Move turned into sell before MA touch. Price approaching Target 2

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