anilmangal
Long

GBPUSD in a corrective structure

FX:GBPUSD   British Pound / U.S. Dollar
970 10 59
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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another huge move up to don't miss :)
+2 Reply
It went north as on your chart
+1 Reply
corrective?
+1 Reply
Looks like this turned into a larger descending triangle from your A
+1 Reply
Looks like a break and some consolidation - must be just about right for the going part!
+1 Reply
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 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!
Reply
anilmangal IvanLabrie
And that is what creates a market , we disagree on value but agree on the price.
+5 Reply
IvanLabrie anilmangal
I'm just looking at a different fractal...
Reply
Looks solid.
GBP has been resilient, going up against multiple pairs these past couple of days.
Reply
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