GBPUSD a last leg higher needed?
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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