Trading the correction in GBPUSD
Wave 2 at the moment in GBPUSD.
I would like to see 50-61.8% retracement of the first wave as a guideline of my target. It could either be a flat or zigzag so far, though it looks like A =3 waves while B = 5 waves.
I would like to see 50-61.8% retracement of the first wave as a guideline of my target. It could either be a flat or zigzag so far, though it looks like A =3 waves while B = 5 waves.
Note
Idea invalid when gbp broke through the 1.2940 level on brexit update.
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