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6.1.8.Family

GBPUSD: An Opportunity To Go Long

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
6.1.8.Family Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Elliott Wave Fibonacci LONG Trend Lines cable Divergence USD GBP
4
0
gbpusd elliottwaves fibonacci long trendline cable divergence usd gbp
GBPUSD -0.13% is squeezing at the bottom as an A-B-C structure is in the making. Also, there is a bullish divergence signaling a potential change in direction soon. Therefore, a buy trade to the 0.382 fib. level is a good idea.

Trade with care. Use a strategy you have tested and verified.

6.1.8. Family.
More Than Just Trading.
Comment:
Just realised my idicator was cut out to show the bullish divergence:

snapshot
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