British Pound / U.S. Dollar
Updated

GBP/USD - 2018 Outlook - 2500 pips Trade - BUY & SELL Levels

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"GBP/USD – Break-out – Last Bullish Impulse – End of Cycle" article represents a last possible Bullish Outcome for GBP/USD in 2018, as multiple facts point out towards an unstable Pound.

GBP/USD is overall trading within a Corrective Structure, more exactly in a Triple Three, with the last Bullish Swing awaiting to unfold, thus completing the entire Correction and the larger degree Cycle.

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Note
Caution: Complex WHY Structure unfolding.
BUY Trade placed at break-even, 1.3800 / 1.3750 is the next BUY
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Note
One more Bearish push and this puppy could up-swing for its last Bull.
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Trade active
BUY Position hedged:
Dollar Index (DXY) - Completing the Correction - Bull then Bear

BUY Position resuming:
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Trade active
:bull:

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Trade closed manually
BUY Closed in profit.

Returning to SELL:
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Trade active
Note
GBP/USD turning Bearish: 600 pips on the down-side possible.
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Note
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1400 pips of 2500 pips, not bad so far.
If you remember me with this view then you know.
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Trade closed: target reached
1600 green pips!

Time for the Reversal!

Chart Update:
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Triggering the BUY with this idea:
I see a bullish Pound - GBP/USD Reversal

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