GBPUSD according to plan
The GBPUSD moved nicely according to plan at the end of last week. For now I prefer an ABC correction to be in progress where wave B is currently unfolding. Nevertheless it is too soon to tell whether this unfolds in a sharp correction or a more complex combination. I will therefore wait for this consolidation to settle and buy the break. 1.455 is my preferred minimum target.
for my previous post and context see below:
1hour chart:
timstuyts.com
facebook/timstuyts/
for my previous post and context see below:
1hour chart:
timstuyts.com
facebook/timstuyts/
Related publications
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.