FX:GBPUSD   British Pound / U.S. Dollar
6891 36 194
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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I came to the same conclusion, will be keeping an eye on a short term sell. Thank You Anil!
Adriese LolliPip
All eyes on this one as well thanks Anil
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!
anilmangal 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
puretradelife cristian.d
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
Is this now making a correction above the trend line on the 15?
GBPUSD slipping away...looks bears are in ! another great analysis Anil ! Thumbs up (Y)
Would you guys say this now makes a good sell setup? I'm considering selling the breakout down.
+1 Reply
Another powerful wave analysis. Thank you Anil, well worth staying up to watch!
+1 Reply
Indeed! Many many pairs are exhausted and on structures. We can expect higher timeframe corrections soon.
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