oxygnfx

GBPUSD downside bias

Short
FX:GBPUSD   British Pound / U.S. Dollar
Potential Sanyaku Kouten when Price breaks Kumo downwards

Ichimoku wave analysis:
Highs of bearish N waves are in 13 period taito suchi cycles
Hi/Lo are in 9 period Kihon Suchi cycle
Price at potential reversal point according to the 13 period taito suchi cycle.

Forecast:
Price to head downwards to N / V / E targets according to 9 period Kihon Suchi cycle.
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