GBP/USD Possible short opportunity
I am looking at this move in GBP/USD to be the C wave of an expanded flat correction. I am looking for a little more upside to around the 1.53 to 1.5450 area before shorting for a move to around 1.42. I will have a stop above 1.5552 as a move above here would invalidate this count.
Move below 1.4856 will help confirm the view.
Move below 1.4856 will help confirm the view.
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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.