WaveSavvyTrades

GBPUSD WAVE ANALYSIS (FULL PICTURE)

Short
FX:GBPUSD   British Pound / U.S. Dollar
Well well well look what we have here, a truncated wave yay!!!!! All the bears are awake. GBPUSD has formed a truncated wave and If we are to go by the text book, price should go all the way down to the previous low, however, we like to take things one at a time so we should be looking forward for price to reach wave C (1.15) for the next leg down.

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