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JayBarbosa
Jun 22, 2019 4:59 PM

GBP/USD - BULLISH RALLY AHEAD? Long

British Pound/U.S. DollarFXCM

Description

GBP/USD has potentially completed wave 3 of a bearish cycle on the MONTHLY timeframe. We could expect an ABC correction back to around 38.2 of the overall bearish leg to have a continuation. Fundamentally Boris can increase consumer confidence and USD plagued by tariff wars and rate cuts seems to be weakening. Look for opportunities to go long.
Comments
DACapitalTrading
Will be following you, great Setup! :) @JaeBarbosaMoreno
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