On the GBPUSD I look just for short positions. There is a possibility of attack min levels from October this year, at least 200 pips from now-a-days levels. If the price close today under 1,2214 I open short.
That should interest you
The first currency pair is the British Pound which we analyzed last week. As assumed, it goes in the designated direction, but at the support level, several pullbacks could have caused uncertainty. Currently, the target is the area marked with a cross. At this…
Cable is sideways and bullish triangle can be still in progress, so we will probably see just more sideways price
action to complete waves (D) and (E) before a continuation higher.