GBP/USD UPDATE PT 2 STRUCTURE, PULLBACK, ENTRY POINT
Keeping it simple here, you can see the parallel lines holding the structures together. I do believe that a breakout will happen with GBP/USD but this would not be for long term. I believe the 5th wave is yet to come as the trend may perform a pullback effect to set up longs.
Opening point: 1.1368
Opening point: 1.1368
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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.