For my previous post about buying GBPUSD see below:

I will be focusing on whether wave 4 is already in place and we should expect another impulse lower next.
Personally I still favor a move towards at least 1.45 first but in case we see the break-out I will wait for a consolidation and sell the break. If we however see a move towards 1.45, I consider this an even better trade set-up for a move towards 1.39.
timstuyts.com
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I will be focusing on whether wave 4 is already in place and we should expect another impulse lower next.
Personally I still favor a move towards at least 1.45 first but in case we see the break-out I will wait for a consolidation and sell the break. If we however see a move towards 1.45, I consider this an even better trade set-up for a move towards 1.39.
timstuyts.com
facebook.timstuyts
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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.