British Pound / U.S. DollarUpdated GBPUSD setting up for a massive spike up
GBPUSD is in a lengthy and massive consolidation phase, with waves going 100 to 200 pips in each direction. I am anticipating a spike higher to complete the B wave correction up that has the high probability to move very quickly, followed by an equally fast move down. Nice trades coming, good luck to all.
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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.