rjthegreatxx

GBPUSD short, Elliott Wave

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
1.425 marked end of Elliott Wave Impulse wave, and beginning of Elliot Wave Corrective wave. A to B in Corrective Wave could push up against the .618 fibonnaci level, around the .618 I expect the price to trend downwards for B to C. It could make it down as far as the 1.618 level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.