GBPUSD setting up for an impulse move up
Since 5th June this pair completed a 4th wave correction and made very strong impulse move up, as a Leading Diagonal.
Now on sideways minor wave ii and is due to retrace deep at least 61.82% before resuming uptrend. (double figure R/R)
As usually the case at the beginning of a 5th wave.
Now on sideways minor wave ii and is due to retrace deep at least 61.82% before resuming uptrend. (double figure R/R)
As usually the case at the beginning of a 5th wave.