ForexSpecs
Long

GBPUSD Long Term Simple Analysis

FX:GBPUSD   British Pound/U.S. Dollar
Simple analysis on GBPUSD             with great expectation in pips. Entry now over 1.5715 Stop loss over 1.5650 under A-B-C-C-4 wave and take profit over 300 pips above. On levels over 1.6050 we will book profit as well and will waiting for price action for 1200 - 1500 pips downside move. New top above 1.5930 will confirm end of wave started on 1.4565. Extension and last greed action of prop traders will lead pair 100-150 pips above top of 1.5930. Follow this analysis if you want to book great pips. We will update it when long positions are closed. Good luck
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