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Irfanakram

GBPUSD: 1H Sell Opportunity

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Irfanakram  
FX:GBPUSD   British Pound / U.S. Dollar
Wave Analysis Technical Indicators Trend Analysis short-term GBPUSD
2
0
waveanalysis indicator trendanalysis short-term gbpusd
Wave 4 in progress. It has already touched Fib 38.2 level and Stochastics, MACD are showing signs of its retracement to complete wave 5.
SL: the previous support turned resistance level (1.26106)
TP: Slightly beyond the wave 3 termination level (1.25293).

This is my opinion only. You may need to workout your own analysis to enter the
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