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British Pound / U.S. Dollar
Short

GBPUSD : Short opportunity.

By Zulfiqqar
Updated
GBPUSD is likely to slump as the structure is showing.
We may go for 1.26 or 1.24 unless the elections tomorrow come with something unexpected.

P.S: This content is for educational purposes and discussion.

Good luck.

Comment
snapshot
Comment
We can optimize our entry as we may have a clear 4th wave right now.
Two possibilities for the ending diagonal but with same entry as shown below:

1st possibility:
snapshot

2nd possibility:
snapshot
Trade closed: target reached
Elliott WaveGBPGBPUSDSELLshortUSD

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