GBPUSD : Sell Setup from 1.30-1.33 Region.

Updated
Pending wave 5 may follow after extensive corrective abc on wave 4. I suspect it may extend some towards 1.33ish region and fall towards 1.14 and below. Idea of this post to make you understand the direction of the larger construct on pattern. This will affect all GBP pairs accordingly.
Create your own trading strategy and discipline to trade this opportunity.

Trade Carefully
Good Luck
Note
I have charted this extensively on monthly. I know what I am talking. All critics are welcome. I will follow up each request judiciously.
snapshot
Note
Get ready to find sell setups on daily, soon.
Note
Short GU for daytrade.
snapshot
Note
one more flag play.
snapshot
Note
Don't give up on this trade. next round of currency weakness is coming. King Dollar shall rise.

snapshot
Note
snapshot
Trade closed: target reached
Very Complex 4 for years and it dropped to levels of 1.14
brexitGBPUSDpoundsellsetup

Related publications

Disclaimer