GBPUSD forming Ending Diagonal. Buying Opportunity!

Long

British Pound / U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound / U.S. Dollar

usd-us-dollar long endingdiagonal elliottwaves

GBPUSD is forming ending diagonal which is near completion. One can buy the pair now or when it breaks out for the target of 1.5425 and stop just below the lows. Ofcourse there is divergence as well while the ending diagonal is being formed on all trading time frames.

Happy Trading!!

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.