FX:GBPUSD   British Pound/U.S. Dollar
6880 36 193
The GBPUSD             is in a down trend and has made a very sharp impulse so i am expecting a bigger correction soon, but for now any lower degree corrective structure will be a sell. Only a break out of the 240 trend will trigger the buy setup.

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Thank you great view!
+1 Reply
Glad if it helps.
+4 Reply
a good one to watch. thanks Anil
+1 Reply
yep, let's see
+3 Reply
Let's wait for the correction :)
+1 Reply
anilmangal TOP anatoli.russu
yes.
+3 Reply
Nice Anil! Good explanation this time, yes! :)
+1 Reply
Thanks
+4 Reply
one more blow out then a significant retracement before trend continues
+1 Reply
anilmangal TOP MarkLangley
could be Mark , thank you .
+4 Reply
Probably it will drop to 1.4086 and then bounce
+1 Reply
let's see
+4 Reply
hitman2 anilmangal
thanks Anil for the detailed input
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Thanks anil, appreciate your input as always, let's see how it goes
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Great Anil a wait for the same correction. GPBJPY is the same. :-D
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reversal?
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maverick23 puretradelife
No only a correcton 1,42000 - 1,42200 and then short.
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txks maverick23 :)
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Thanks a lot Mr. Anil. It is great to see your analysis here. This one is also very informed as always.
+1 Reply
I think it is going for 1.4 then we may see a bounce..
+1 Reply
Gbprider ChetanFX
More fall since BOE's Governor, Mark Carney given handsfull of bearsno hike (interest rate) , more down movement below 1.38 & also there is bat bearish pattern in monthly
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Gbprider Gbprider
correction until 1.4220 is possible not more than that
+1 Reply
thanks for share!
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txks for posting the free webinar :)
+1 Reply
It seems a buy as soon as break the 1h trend upwards.
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its going down after correction
+1 Reply
Indeed! Many many pairs are exhausted and on structures. We can expect higher timeframe corrections soon.
+1 Reply
Another powerful wave analysis. Thank you Anil, well worth staying up to watch!
+1 Reply
Would you guys say this now makes a good sell setup? I'm considering selling the breakout down.
snapshot
+1 Reply
GBPUSD slipping away...looks bears are in ! another great analysis Anil ! Thumbs up (Y)
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Is this now making a correction above the trend line on the 15?
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Does your wave strategy work for stock as wellÉ because for Forex I can see you are better than a magic crystal ball, it`s amazing!
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anilmangal TOP cristian.d
Yes , wave analysis, is not a strategy, it's a method we use to analyze charts and make forecast. It works with any chart.
+3 Reply
Anil's technical analisys work on all instrument, it is essential to follow his Rules when on the charts to see positive results.
+1 Reply
I came to the same conclusion, will be keeping an eye on a short term sell. Thank You Anil!
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Adriese PRO LolliPip
All eyes on this one as well thanks Anil
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