UnknownUnicorn2283113

GBPUSD FOR NEXT WEEKS

Long
FX:GBPUSD   British Pound / U.S. Dollar
Based on the "Elliott Wave Principle", we designed the movement of the next 2 weeks.
During this time, we will follow up and update the analysis.

Good Business!
Trade active:
Despite having passed the minimum without returning to point "A", we can see that it respects the support arriving near the point "B" and rising.
GBPUSD BUY - TP 1.3011 SL 1.2800 - 08/09/2018
Trade closed manually:
With the strength of the dollar the support has not held the fall, the value of the currencies falling since April 2018 and is heading towards its lowest value 1.1884 that arrived in October / 2016.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.