traderWgun
Long

One more low before the start of a new bull cycle

FX:GBPUSD   British Pound/U.S. Dollar
395 5 5
This is a update for this chart:
Short

(I don't think the market is in a triangel any more)

Will look to buy cabel at 1.616 or 1.602, where the market should complete wave XX             in a flat formation
and turn higher to 1.73 in the coming weeks ahead.
3x fib at 1.73
snapshot
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is this coming lmi will trigger it to 1.64?
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Sam0101 Sam0101
UK service PMI *
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We made a marginal new low and the week+daily candlesticks looks very bullish:
snapshot


but the market needs to take out 1.64700 to confirm that wave C low is in place
snapshot
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Todays high was at 1.64699, so below wave 1 there could be more downside.
to complete wave 5.
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