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L_F
Jan 3, 2021 2:27 PM

GBPUSD. SELL Area. 3 Drive ABCD.  Short

GBP/USDOANDA

Description

The GBP has a nice short set up with small risk. A 3 Drive ABCD Pattern at the 127% extension of the early September high. Targets are the FIB levels from the C-D leg 382 and 618 with the final target of the 382 from the late Sept low to the recent high. A break of 1.3700 could see higher prices.
BREXIT is creating a lot of volatility which is great.
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