AndyM

Ending wedge in the Pound

FX:GBPUSD   British Pound/U.S. Dollar
270 2 7
The decline we've seen in the past weeks seems to be complete and it was a zigzag. Overall the Feb-May structure resembles a flat correction with an incomplete ending wedge. We are supposed to complete its w5 end May-beg June, which will be followed by a very sharp decline to the new lows.
IvanLabrie TOP
6 months ago
I'm long from the recent swing low, and I agree on the target and overall forecast.
Good luck!
Reply
Popoythegreat
6 months ago
this is an uptrend... im starting buying...lets see tomorrow...thanks
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