Iridium
Long

GBPUSD POSSIBLE 3-3-5 FLAT CORRECTION

FX:GBPUSD   Pound Sterling/U.S. Dollar
35 0 0
THE POUND HAS SHOWN RESILIENCE IN THE PAST FEW TRADING DAYS BLOWING THROUGH PREVIOUS SWING LOW RESISTANCE IE(R1) AND FORMING A 5 WAVE IMPULSE UNDER THE ELLIOTT WAVE THEORY. GIVEN THE BEARISH OUTLOOK FOR THE USD/JPY             IT WOULD NOT SURPRISE ME TO SEE A LARGE SQUEEZE PLAY HERE.
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