News bring USDGBP down - Waves Short
BRITISH POUND / U.S. DOLLARICE
Description
⋅ 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.