OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD
still bearish . The pair is in MInuette Wave (iii) of Minute Wave .
If this count is correct then The pair is likely to fall of the cliff to 1.2450 - 1.2000

A break below 1.2980 will confirm the scenario. A rally to 1.3199 Invalidates the setup.
Comment: 127 pips secured.
Trade active: If daily bar closes below 1.2950, i will look for more shorting Opportunities, So far sitting on 165 pips.

Comments

Why have you stopped posting here ????
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