British Pound / U.S. Dollar

Updated

[GBPUSD]

correction's continuation.

Note

There is possibility to have a completion of wave (c), in this area, so a downtrend will follow to unfold wave {c}, which will be the third leg for wave 4 and we will have an opportunity to open short positions.
Instead, if we have a breakout in 1.3340 - 1.3350 level, this will show that wave (c) will be completed higher and long positions will have a good chance.

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Note

Long opportunity

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Note

It's likely that wave {c} of 4 is unfold.

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we expect an impulse five.

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astairwaytoprofit

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astairwaytoprofit

Also on:

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.