anilmangal
Long

GBPUSD in a corrective structure

FX:GBPUSD   British Pound/U.S. Dollar
933 10 57
The GBPUSD             is in a corrective ABC ,looks like we are still in the B wave so i'm looking to buy the C wave up. waiting for an impulse break out then and a correction on a lower degree to buy.
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Looks solid.
GBP has been resilient, going up against multiple pairs these past couple of days.
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Let's hope this consolidation does not turns into a more complex pattern .Going good so far! share your views ,agree or disagree
+5 Reply
IvanLabrie PRO anilmangal
I'm inclined to sell but not in this choppy enviroment...You can check out my recent charts if you want.
Would appreciate your comments.
Good luck!
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anilmangal TOP IvanLabrie
And that is what creates a market , we disagree on value but agree on the price.
+5 Reply
IvanLabrie PRO anilmangal
I'm just looking at a different fractal...
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Looks like a break and some consolidation - must be just about right for the going part!
+1 Reply
Looks like this turned into a larger descending triangle from your A
+1 Reply
corrective?
+1 Reply
It went north as on your chart
+1 Reply
another huge move up to don't miss :)
+2 Reply
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