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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Would you guys say this now makes a good sell setup? I'm considering selling the breakout down.
laurencejevans
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Another powerful wave analysis. Thank you Anil, well worth staying up to watch!
FXProtector
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Indeed! Many many pairs are exhausted and on structures. We can expect higher timeframe corrections soon.
AhmedLester
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its going down after correction
wavesoptions
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txks for posting the free webinar :)
ChetanFX
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I think it is going for 1.4 then we may see a bounce..
Gbprider
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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
Gbprider
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correction until 1.4220 is possible not more than that
bulent_akgul
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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.