HELLO TRADERS,
Last Week GBPUSD fell below our support level of 1.2605, Price action showing more downside on Pound. As per my Wave Analysis GBPUSD trading on Corrective ABC pattern on short term. Ahead of FED meeting pound fell to 1.2530 level to finish this wave B of this corrective structure.
Last Week GBPUSD fell below our support level of 1.2605, Price action showing more downside on Pound. As per my Wave Analysis GBPUSD trading on Corrective ABC pattern on short term. Ahead of FED meeting pound fell to 1.2530 level to finish this wave B of this corrective structure.
Trade closed: target reached
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Related publications
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.