We have been monitoring and capitalising from the beautiful bullish behaviour of the pound from June and the pair has showed clear direction of what the trend is going to be for the foreseeable future. To accommodate further bullish moves we expect the price to retrace to our OD highlighted by the rectangle on the chart .
Limitlessfx
Our first idea on GBPUSD predicted bullish pressure to reach our Order block (OB) highlighted in the chart which price was able to achieve .We predict downside bearish pressure from now on as we approach our CPI REPORT in tomorrows US session and FOMC meetings further on in the week . Il give you an update as the market progresses but we are set to see the...
We are projecting a strong drop in the GBPUSD pair .It should good strength blasting through the running flat formed in the second half of May .A push up to 1.25600 price level would be a good place to look to short the pair . We also hope to see a formation of our B wave if our corrective ABC Elliot wave correction which would trigger good sells to our C wave...
