Follow the expected wave scenario for GBPUSD movements
4 hours
After breaking 2175
Continuation of the negative outlook after the formation of the new bottom LL and a return to test 2110 with negative momentum RSI <50
With the awaited bearish reversal, the chances of the decline increase to complete the fifth descending wave, by surpassing the bottom of 1.1933
4 hours
After breaking 2175
Continuation of the negative outlook after the formation of the new bottom LL and a return to test 2110 with negative momentum RSI <50
With the awaited bearish reversal, the chances of the decline increase to complete the fifth descending wave, by surpassing the bottom of 1.1933
Trade closed: target reached