GBPUSD Longs (short term) Long term sell off coming soon.
Updated
This is my short term forecast for GU longs towards the Resisting TL.
Possibility to just sell off and break this counter trend line.
IF i get some formations to support my bullish bias I will be looking for longs in the blue highlighted box.
Let me see if I can fulfil my target and just ride the move I am expecting.
I will update this as price action starts to form.
Possibility to just sell off and break this counter trend line.
IF i get some formations to support my bullish bias I will be looking for longs in the blue highlighted box.
Let me see if I can fulfil my target and just ride the move I am expecting.
I will update this as price action starts to form.
Note
Analysis has now changed with the 4 hour break and close below the TL I was talking about. Bias is now short and I will be looking to get in on a pull back around the 1.21500 level.
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