GBPUSD clearly in a downtrend since US FED Hike yseterday. expecting a retrace soon on trend line. Taking profits from yesterday FED hike at line. Will be waiting for the retrace to re enter SHORT again
Note
Price retraced to 382 and found resistance. Note
Wave (3) hit and found support. Lookingfor a retracement to wave (4).Note
Looking for GU to retrace to (4). Then back down to (5).Note
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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.