Market structure for GBPUSD is currently at the start of a mid term, corrective phase. I am expecting this correction to take place within a A-B-C wave form. We have so far seen our first impulse move up which peaked at $1.66 marking the end of Wave A. We are now heading down roughly towards $1.237, where GBPUSD will find support hopefully and mark the end of Wave B. This will be a good position to take long positions, targeting $1.29.
I will be catching this move on behalf of myself & my Account Management investors. Let me know if you agree with this analysis by dropping a like, or let me know what your bias is.
I will be catching this move on behalf of myself & my Account Management investors. Let me know if you agree with this analysis by dropping a like, or let me know what your bias is.
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