FX_IDC:GBPUSD   British Pound / U.S. Dollar
53 0 0
Sterling ( GBPUSD             ) : We observed many Elliote operators are struggling to find counting on this pair. We also counted it so nicely and were also been so much perfect but recent move bullish cancelled our whole previous calculations But we will not sit back like others.
We are poineers of this field so We made another calculations that fits on this pair as best so we will keep Following now this one.
For Now We expect its just matter of time when This pair will touch 1.5300 or near and we will see end of rally.
At 1.5300 there lies the 161% projections of charactistic up this short rally which will place ideally minor leg (e) and major leg (D) and then we will again Go down towards 1.500 or more down to 1.4900 Atleast .
This pair this last move will be just the question of bottom forming near 1.49 or 1.500 then we expect New multi month rally towards 1.6500 expected.
Trading recommendations :
Watch short opportunities near 1.5300 and place Stop 1.5350 and Target will be 1.500 for wave (E).
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