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eruditefx
Jun 17, 2015 8:28 PM

GBP/USD Short

British Pound/U.S. DollarFXCM

Description

possible 250+ pip move on the retracement
Comments
SamuelKayy
Resistance is at 1.5858 based on lines drawn on the Monthly chart. Targeting 1.62 as dollar as weakening. That's just my view. Backed by fundamentals and technicals.
eruditefx
i can see that
eruditefx
because of the third leg in the elliot wave... but there are also corrective waves within those waves. overall the direction is long i agree
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