GBPUSD has been on a decline for the best part of a year. Bearish momentum has majorly decreased and we have pretty much been ranging for about a month now creating a corrective pattern inside a wedge. I am expecting one final wave (Wave E) down towards the order block of 1.31300-1.31070, before we see a reversal to the upside. I will be looking for a 300 PIP bullish move targeting 1.34300, possibly even higher.
I will be catching this move on behalf of myself & my Account Management investors.
I will be catching this move on behalf of myself & my Account Management investors.