Hellena | GBP/USD (1H): Short to support area of 1.26186.

Dear Colleagues, in the coming week I suppose that the price will go down. Tentatively, I expect a correction in wave b, followed by a price decline to the support area of 1.26186 with the completion of wave c.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Comment:

The price is almost to the target area. I think the price will reach the target of 1.26186 this week. You can close your short positions with a good profit or transfer the trade to breakeven.

Trade closed: target reached:

Well done!
I close short positions early, because the price touched the edge of the support area twice. I hope someone made profit twice)