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Retracemnet

Analysis of GBPUSDHello traders, as you can see GU is retracing to the upside but overall GU is on a downtrend. So I am expecting for it to reach 50% or less and a double top for a continuing to the down side long term to 27% which is my target for next week. Next week it might make another retest on the neckline if it forms a double top. Thank you for reading!
Short
by MonaySess
GBPJPY Possible short trade set up.GBPJPY Possible short trade set up. We appear to be working and A-B-C zigzag coming off the wave 5 high at 148.000. This interpretation suggest we should in the short term see a move lower to test the 139.00 level for support. Wave 4 of the previous 5 wave move failed to break support at the 139.00 level. The 38.2% Fib retracement level of the move up from the early September high is at 139.763.
Short
by Trend_Analyst

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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