AndyM
Long

GBP set for bullish reversal (close-up)

FX:GBPUSD   British Pound / U.S. Dollar
125 3 6
here's a follow-up on GBP setup, close-up look at 4h chart.
It really looks like a strong buy to me (so as EUR, Gold             , NZD).
If it's not a reversal, then at least it's a correction up, so we'll have time to assess the situation and exit B/E if required.
I thought I was seeing things, yes that's a terminal wedge down there. Should be interesting.
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AndyM PRO IvanLabrie
Yes, but it could also be a leading wedge of the next downwave. Then we are set for a decline. we'll see that soon..
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Yes, I'm waiting for more clarity in general.
Today should set the stage, if not, next week.
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