Get started
ProficientForex

GBPUSD: The latest uptrend in the Diagonal pattern

Long
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
ProficientForex  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Technical Indicators Wave Analysis GBPUSD gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast pf-marketanalysis gbpusdsetup gbpusdforecast
2
0
chartpattern indicator waveanalysis gbpusd gbpusdanalysis gbpusdtrade gbpusdidea gbpusd_forecast pf-marketanalysis gbpusdsetup gbpusdforecast
There is the probability that the last wave from the uptrend is under completion, which could continue up to the target of 1.3800. However, to get the main confirmation for the completion of the Diagonal pattern, the price should cross the end of wave IV (The range of 1.3446).

Related Ideas

ProficientForex
Misleading and mixed 3-wave patterns
ProficientForex
The completion of a Diagonal pattern in the range of 1.3746
ProficientForex
GBPUSD: The pattern shows itself
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.