More Bearish movement to come in Cable.

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Wave Analysis Chart Patterns

waveanalysis chartpattern

If my Elliot Wave analyse is done correctly, we should see an extend of price south towards 1.19-1.17. Included Daily and Hourly charts for a closer view.

Comment:

snapshot

Comment:

snapshot

Comment:

snapshot

Comment:

Possible inverse Cup Trading Pattern? Possible short entry around 1.2775-1.28. SL Aggressive: 1.2860 Conservative: 1.2950. Target: 1.2500

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.