iSummer

5th wave on GBPUSD

Long
iSummer Updated   
FX_IDC:GBPUSD   British Pound / U.S. Dollar
we would be up for a complex correction so going long is sort of dangerous. Going short under the assumption of a 5th wave to be completed is a no no. The better trade would be to wave for a 5th wave completion and watch out for a reversal and then, go short. If one would are to go long right now, 1.2870 seems like a decent buy level until 1.30
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