stanchiam

GbpUsd 5 Jun 2018 mid term

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
As we can see clear 5 waves down for GU, the probability of it retracing back towards the 50% region is high
Time wise it also need to take a while before correction is over, as such, mid term we favor bulls taking control
Not cast in stone but is the current preferred view. GL

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