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British Pound / U.S. Dollar
Short

GBP/USD Good Buy Or God Sell?

By LittleSchubeyForex
Updated
Currently GBP/USD has been following a wave pattern. This could be a potential break of the structure. This is going to go either 2 ways. Number 1: It could continue on a downtrend and go down in waves to where the initial waves started around 1.37751, OR it could possibly go for a fourth rejection to about 1.39915 to the top of the initial wave.

Let me know what you think!
Trade active
Waiting for a continuation of rejection on the trendline to continue downwards.
Trade active
watching out for GBP news coming at 10:00
Comment
Might hold until tomorrow for NFP. 1 day chart possibly making a drop base drop
Trade active
Going as planned
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