Get started
Hit_N_Run

Pound Ready to Head South

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Hit_N_Run  
FX:GBPUSD   British Pound / U.S. Dollar
10
7
Charts self-explanatory

An ABC Correction following an impulsive five wave. Correction completed at 1.618 extension, before heading back lower below the long term 200 average. Pin bar at previous low confirmed downside pressures.
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.