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FX-Business

GU Potential Uptrend

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
FX-Business  
FX:GBPUSD   British Pound / U.S. Dollar
Wave Analysis Trend Analysis gbpusdlong
5
1
waveanalysis trendanalysis gbpusdlong
Second wave stopped exactly at 61.8% after the first impulse. We need to wait till London session to confirm the validity of wave 3. After that, wave 4 will be 38.2% of wave 3; and wave 5 will be the same as wave 1.

Keep watching. This happens on AUDUSD as well on the 30m tf
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