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Summerset

Sterling Dollar Positioning

British Pound / U.S. Dollar (FX:GBPUSD)  
Summerset  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
The motive rise from 1.18 is segregated on the 1HR chart above. The expected "shoulder" correction is labeled A-B-C (green),in a speculative wedge formation.

SWING / POSITIONS :-
Sell Leg (B-Green) <1.2560/80> to target Leg (C-green) bottom @ 1.2340 / 1.2290. Compile longs in Leg (C-green) "inverted shoulder" level, to holds & break >market high.

Profitable Trades
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