Analyticssage

GBPUSD Elliot chart update , 27.07.20

Short
FX:GBPUSD   British Pound / U.S. Dollar
we are just close to the invalidation level for the Impulsive wave of a bigger degree and we are seeing a pullback
I am expecting the price to drop temporary
I am not expecting a big drop but I think the Up trend is paused now
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.