ew-forecast
Short

GBPUSD : Bears In Play

FX:GBPUSD   British Pound/U.S. Dollar
Pound fell sharply last week across the board, especially against the USD. We can see a new leg down that has an impulsive qualities so pair is expected to remain bearish as leg down from 1.5500 should unfold by five waves. Currently we see price still in wave 3 that can touch 1.5000 psychological level. After that we may see some recovery, but only for short-term into wave 4 that could be looking for a resistance at 1.5105 (former low) later this week.

http://www.ew-forecast.com
>>SPECIAL OFFER: 50% OFF<<

Get 2 Months for the price of 1!!
http://www.ew-forecast.com

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out