aslamhammad
Short

GBP/USD Monthly Chart

FX:GBPUSD   British Pound/U.S. Dollar
81 1 3
In the monthly chart i think, price formed a elliot wave triangle......Currently trading inside a bear flag structure....2 breaks are possible in this structure.....First one is around 1.4969.......from where price can decline back to previous low 1. 4565             ......With Fed rate hike inbound in December.....That would be the first test.....I think the next target is around 1.3686......That is if we got another rate hike by Fed in March.......December will be interesting month :)
Same end result. Different ways we used to end the cat's life, huh? ;)
GBPUSD:EYE HAD NOT SEEN, NOR EAR HEARD....the things which GOD..
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out