michaelarias

GBPUSD - E Wave - Have You Ever Seen One This Big?

FX:GBPUSD   British Pound / U.S. Dollar
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Hi Guys,

Just another perspective post about this lovely pair the Loonie Pound or whatever you call it.

I have poured over the waves for this pair on fxtop.com which I find useful for historical price data not available on TradingView.

In my opinion there is nothing else this structure could possibly be overall and it seems pretty important to bring it up especially because of everything going on right now.

It looks like an E Wave and we all know what comes next. I don't believe in all this W X Y labeling folly. Some people have a problem for every solution. Einstein.

So what is this structure since the last low? Well it's not impulsive looking: But doesn't an impulsive move come after an E wave? Yes but it's not that simple obviously because it never is!

All I can say is that it is coming soon.

Stay Tuned!
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