MrKrft

trend analysis: gbp bullish

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
gbp just finished its consolidation on a high price niveau, it performed a perfectly nice abc correction, and is now likely continueing its bullish uprising movement with a declining dollar. we are ready for and already in the next impulse.
We will probably see a bullish gbp until mid of september according to current time cycles...
this next impulse move brings us right on the lowest trend line of the latest huge uptrend, which will probably work as trend resistance at first.
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