pkealoha76

GBPUSD- Tariff Pressures

Long
FX:GBPUSD   British Pound / U.S. Dollar
What a morning for the dollar. Forgot I had a position opened & lost a little capital this morning. Wish I closed it at market open when I was still up. These things happen. I’m going to stay out with all the unpredictability. I believe it should hold against the pound to the .618 level. Eyeballing it from the daily down to the 1hour charts indicate that this is may indeed be a completion of a wave 1 in a higher degree and that a bullish sentiment makes more sense. I’ll do a wave count on the weekly/daily/and 4 hour charts later today to confirm what I glimpsed. We’ll see what happens...

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