GBPUSD wave analysis. Secondary Cycle C wave Short

British Pound/U.S. DollarFXCM

Description

⋅ Feb 23, 2020 8:47 AM

I assume that this pair will continue to fall to 1.27 / 1.25, since, according to my analysis, the formation of the C wave continues. I think the wave will be in the form of a double or triple zigzag, i.e. complicated.

Trade closed manually

⋅ Feb 25, 2020 9:51 AM

Fibonacci Elliott Wave