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TheAnonymousBanker

GBPUSD: Rebound in short term?

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
TheAnonymousBanker  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdanalysis Forex elliotwaveanalysis elliottwaveprojection forexsignals pound abcpattern rebound
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trendanalysis chartpattern waveanalysis gbpusd gbpusdanalysis forex elliotwaveanalysis elliottwaveprojection forexsignals pound abcpattern rebound
Trend is bearish but at the same time, on intraday chart a corrective structure is possible in short term. That said, if the pair triggers a bullish (impulsive) leg, it might be interesting to take a long position on pullback. From a technical point of view, the potential technical rebound should take the shape of ABC Pattern.
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By Anonymous Banker
A TradingView Fan since 2015
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