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The_capit4list
Jan 29, 2020 7:14 PM

{GBPUSD} MARKET UPDATE Short

British Pound/U.S. DollarFXCM

Description

Good day everyone

This is an update of an earlier publication, please check below there's a link for related idea. with Brixit coming to an end, there a chance that the quotes will go down and the GBP interest rate will most likely go up.
*Long-term timeframes show downtrend with monthly correction.
*Weekly and daily timeframes (medium-term) show an uptrend.
*H1-H4 timeframes (short-term) show distinguishable support and resistance levels.

Professionally Yours
The Capitalist

Comment

trade active, we've approached the end of wave "E" (ABCDE wedge). expecting a trend change that sets us into wave C

Comment

Sell at current price

Trade closed: stop reached

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