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AndyM
Jun 3, 2019 8:39 AM

Ending wedge in GBPUSD, wave C of 3 is forming Short

British Pound/U.S. DollarFXCM

Description

The green w3 should bring us to 1.17..1.18, which together with the decline in EURGBP should yield some impressively low price levels for the EUR.
We have an ending wedge in the Pound which started early 2018, so the entire structure will take some time to complete: may be until end of 2019.
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