A decline in 3 wave fashion implied big uptrend ahead. A break of 1.28500 is early sign of my bullish outlook which open door to further upside. Near term target aroudn 1.3000
I think about Short at GBPUSD. In my opinion, there are some definite reasons for it, in my idea:
Do you agree?
PhamTanPhat
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@AlexKuptsikevich, Hi. GU still move in tight range recently. However, i still inclined on the bullish outlook thanks to clearly 3 wave decline started November 7. A 3 wave decline is correction wave mode. In addition, i also looked on bigger time frame and the timeframe also bullish
Do you agree?