ew-forecast

GBPUSD : Flat In The Making

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
On the intraday chart of GBPUSD             , we are tracking a possible flat correction in blue wave B-circled, that can reach levels around 1.4100 area, before turning to the upside in wave C-circled. That said support is seen at 1.41193 area, which can react as a turning point.

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Very accurate friends! It follows your labeling as if hypnotized!
+1 Reply
i agree with your count ! Well done !
+1 Reply
Thank you very much and You're welcome !
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the problem is that the dollar looks so strong. it might be able to eke out a lil more though
+1 Reply
well recent reversal to around 1.4197 could already be correction in wave 4. Well hopefully it trades as planned :)
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Good looking, thanks..
+1 Reply
You're welcome.
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