GBP USD only retraced from its low as of Covid to 38.2%, so it is not the end
Also it is establishing a Head & Shoulder, so 1.31-1.255 would be a shaking box for the following weeks. Would not be straight drop but it is the trend.
Last, Elliot wave also support it at 4 for bounce and ready for 5 accelerating jump .
Also it is establishing a Head & Shoulder, so 1.31-1.255 would be a shaking box for the following weeks. Would not be straight drop but it is the trend.
Last, Elliot wave also support it at 4 for bounce and ready for 5 accelerating jump .
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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.