tidaltrader

GBPUSD SHORT @ 1.2460 | DOUBLE ZIGZAG PATTERN

Short
FX:GBPUSD   British Pound / U.S. Dollar
Hi Friends,
GBPUSD gained nearly 500 pips in last two weeks, I am looking this as corrective wave. Still there is room to go downside upto 1.1835 level.

Current pattern looks like DOUBLE ZIGZAG, this pattern reversal point @ 1.2570. Before that i am looking for price will test the 1.2200 level once again.
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