EuroMotif

GU down to 1.36 before bounce?

Short
EuroMotif Mod Updated   
FX:GBPUSD   British Pound / U.S. Dollar
I have been short since a we started dropping from the top.
The end of 5 orders of magnitude of wave 5's was a clear top.
GU may fall for another 3-6 months straight.
But for now I am mostly out of shorts, wee bit still riding to 1.36 hopefully.

Thanks to the fundamentals, we might have a little more room to the down side.

This is a followup to the previous trade plan:


Trade closed: target reached:
OK, final target reached.
Closed all shorts for now.
Will plot a retrace to short.

It may fall some more, but are not stretching it, so will wait and see

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