Next Plan GBPUSD 03/05/2021

Here is my continuation analysis and trade setup of GBPUSD. In my previous analysis, I expecting that GBPUSD will fall. And last Friday it's turned that GBPUSD doing a strong downside movement. Right now my previous analysis running in good positions (+140pips). Next week, I expect GBPUSD to do some retracement a bit before continuing to the downside. After complete wave "C" then I expect GBPUSD to continue to the upside.

Previous GBPUSD analysis:
Next Plan for GBPUSD 26/04/2021


Disclaimer: This is my personal trading setup !! Please use my analysis as a comparison with your own analysis.

Cheers
elliottwaveforecastselliottwaveprojectionGBPUSDgbpusdanalysisgbpusdideagbpusdshortTrend AnalysisWave Analysis

Related publications

Disclaimer