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2020-09-23 - GBPUSD Support Entry
British Pound / U.S. Dollar
2020-09-23 - GBPUSD Support Entry
By pipdrifter
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Sep 23, 2020
2
Sep 23, 2020
GBPUSD didn't break out as I wanted it to. Took sells this week with small retracement buys anticipating a reversal.
.618 is a good spot for a 4 wave to come to life. Should we fail to hold it, I'll be looking to short to the next Fibonacci level down.
We've technically broken the uptrend, So I am anticipating a bull run to retest the new downtrend with a desire to see GBPUSD break it.
Elliott Wave
Fibonacci
pipdrifter
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