GBP/USD Target
Updated
I am long GBP/USD and this is based on the retrace from the final low all the way back up to the last high top in 2018. There may well be an overshoot to the max 100% retrace but this is my current thought.
Note
Still looking on track.Note
There will be some hesitancy at the mid-way point between the 100% and 76% retrace price....there nearly always is. The plan is still the same though.Note
14377 is the top target. No idea if it will reach but if you follow the plan as per my other ideas, you are unlikely to lose much if anything if the market turns against you. So we are still buying the heikin-ashi candles. No selling yet.
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.