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MY THOUGHTS ON GBP/USD

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Forex_ Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis barrier-triangle Fibonacci Extension elliotwaveanalysis elliottwaveprojection endingdiagonaltriangle Ending Diagonal fibonaccianalysis
5
0
trendanalysis chartpattern waveanalysis barrier-triangle fibonacciextension elliotwaveanalysis elliottwaveprojection endingdiagonaltriangle endingdiagonal fibonaccianalysis
In my analysis on the 2 HOUR CHART, price is moving BEARISHLY, forming a Barrier Triangle Ending Diagonal. Price is currently at 1.25498, I forecast that Wave A may move to price 1.23957 which is 100% of Wave A. Then to price 1.23013 which is 1.50% of Wave A. and finally to price 1.22800 which is 1.618% of Wave A. I used the Elliott Wave and Fibonnaci for my analysis. GBPUSD
Comment:
Price has moved past the target of Wave 5.... will see price action next week
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