TimStuyts
Long

GBPUSD possible buy soon

FX:GBPUSD   British Pound/U.S. Dollar
342 0 12
2 months ago
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.
snapshot

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.

2 months ago
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