Sideways correction has created the possibility
After a short upward moving, the falling seems to look like an impulse wave. That is the wave (i). Now has been working a flat sideways correction almost three days.
Now I expect to see the impulse wave 3 to move the GBPUSD below 1.20 towards 1.15 or more.
The stop could at 1.2480
Now I expect to see the impulse wave 3 to move the GBPUSD below 1.20 towards 1.15 or more.
The stop could at 1.2480
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.