tomj2417

Is the Pound due a bounce?

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
56 0 1
The chart is hopefully self-explanatory but I am suggesting that the Pound is perhaps due a further wave 4 rally correction. As for targets for a bottom, I have suggested three areas to consider. Please see the chart for details.
Comment: The 1.11 target looking more possible by the day.
Comment: Is the Pound due a bounce.......errrrrr........no.
Comment: Hang on a minute.....is there still some life in the old dog?
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