Wave-Trader

GBPUSD Watch for buy at bottom

Long
Wave-Trader Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Hi there, GBPUSD is currently in a short term bearish trend on lower time frame. We are looking for strong break up and reversal for upside.

Watch bottom for 1st impulse and buy and hold it for up to 1.40 or 1.50

This pair has a huge potential for upside.

If we dont see break up and price keeps pushing for downside sharply then we will look for bigger degree correction for more downside. Based on the current picture look for reversal.

Good Luck.

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Watch for the 1st impulse for buy.
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