GBPUSD: Look for Buy at Retest of Key Support
Hi Traders
GBPUSD will continue the interim push to the downside. The expectation is that price will retest the most recent low at 1.2247 before continue to the upside. Look for pull backs in price before attempting a sell at current levels. The trade to look forward to will be the rally into wave C.
Regards
GBPUSD will continue the interim push to the downside. The expectation is that price will retest the most recent low at 1.2247 before continue to the upside. Look for pull backs in price before attempting a sell at current levels. The trade to look forward to will be the rally into wave C.
Regards
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