GBPUSD - Long Term analysis
I think there is possibility for a rebound of this cross in final Wave C.
In this moment the cross is in a Long channel but compressed under a short channel
If we broke down the long channel we can have a deep retest of area 1.18 (first target) and then potential second area 1.12 (second target).
In this moment the cross is in a Long channel but compressed under a short channel
If we broke down the long channel we can have a deep retest of area 1.18 (first target) and then potential second area 1.12 (second target).
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