GBPUSD and the Pound in general suffered a lot lately. Nevertheless nothing moves in a straight line and I believe that the Pound pairs need to correct before anything else.
But in the end we don't trade what we think but what we see. I see a possible A-B pattern for a wave C higher.
I will be looking on the lower time frames for 1-2-3 reversal buy patterns.
Keep in mind FOMC later today so if you enter a dollar trade before that event manage it closely in case we see spikes in the market.
But in the end we don't trade what we think but what we see. I see a possible A-B pattern for a wave C higher.
I will be looking on the lower time frames for 1-2-3 reversal buy patterns.
Trade active:
