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BA_Investments

GBPUSD short to $1.17

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
BA_Investments  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD GBP USD DXY pound
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trendanalysis chartpattern waveanalysis gbpusd gbp usd dxy pound
From looking at bigger TF's, you can see overall that GBPUSD is currently going through a corrective phase. Price peaked in December 2022 & since then price has been ranging.

Selling Confluences:

🚫Failure to Take Out Last Daily High.
🚫Buying Momentum Slowed Down.
🚫Strong Bearish Rejection of January OB.
🚫3 Sub-Wave (A,B,C) Correction Still Not Complete.
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