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Luis_FelipeOcampo

News bring USDGBP down - Waves

Short
British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
Luis_FelipeOcampo  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBPUSD Elliott Wave
6
1
gbpusd elliottwaves
Brexit and opinion poll concerns bringing the currency down. Bearish with EURUSD -0.27% . Elliot Triangle Wave established with possible trade setup:
  • Short @ 1.2795
  • SL @ 1.2808
  • TP @ 1.2774

Depending on how the situation evolves, the pair could drop to a further low @ 1.2732 which was a resistance level last December.
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