[GBPUSD] POTENTIAL ABCD IN DEVELOPMENT

The main trend is bearish therefore this setup is speculative (high risk), to better manage the position you need to reduce the size (1% risk)

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ADJUSTMENT TECHNICAL LEVELS

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...consolidation in play.

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We thank all the traders who have decided to give us an ILIKE and wish you a nice weekend!!

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This week also sees a spate of U.K. data, with focus likely to be on IHS Markit’s services Purchasing Managers Index, which measures the largest part of the economy, due Sept. 5. The figures come after data released on Sept. 1 showed manufacturing expanded at the fastest pace in four months in August. In contrast, construction growth slowed last month to its weakest in a year in data published Monday.

Trade closed: target reached

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...still bullish!

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