Gu
Sterling gold at 1.24447 ? short this is my new girlfriend. she is on top Daily 200 and 100 ma. She is below the 9. She is at a .618 support level 1.26914. Her golden roads are 1.24447 or 1.28943. and then 1.43455. Golden bricks for miles. Brexit? Lockdown? Brits behave. Will Cable?
I will chase when pound makes run to the gold / 124447 first? then moonski to 1435skis?
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OANDA:GBPUSD
GBP/USD H4 Sell Short Setup The daily chart has dropped a fair amount
That has been followed by sidewaysh consolidation
This has created a Wave 3 down and Wave 4 sideways on the 4 Hourly Charts
The Setup short has 2 entries possible with 2 profit target levels as shown on the chart
LET ME KNOW WHAT YOU THINK... COMMENT Pls
GBP/USD shortlonger term analysis, potential for GU to head back down to 1.22 see if we can move how I've forecasted. price could correct around current levels and develop a deeper structure for a while before continuing down, lets see. I would like to see a break above the current range to change my bias to long again.