sreebhashyam

GBPUSD Poundwise Penny foolish?

FX:GBPUSD   British Pound / U.S. Dollar
Expected break unfolded, we are out of the congestion part of smaller degree wave ii


In the third wave which can accelearte break below 1.2640, while the 1.2690 holds any rally.

The targets range min 1.2625-1.2600-1.2570, Only daily close above 1.2710 negates this view.

Extremes moves can stretch towards mid 1.2500 area

TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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.