GBPUSD Weekly Outlook JAN 23 - 27 -- 2016 (Buy Setup)
Hi freinds, we can clearly see the bottom was formed by three way structure only, so we cant expect retest the wave top.
As per my elliott wave count this is iv wave correction for DEC-2015 top. Next week Monday or Tuesday GBPUSD test the 1.2213 level we can enter BUY on that level target was around 1.2486 (250 pips).
THURSDAY 26 - 01 - 2016. I am expect wave reversal.
As per my elliott wave count this is iv wave correction for DEC-2015 top. Next week Monday or Tuesday GBPUSD test the 1.2213 level we can enter BUY on that level target was around 1.2486 (250 pips).
THURSDAY 26 - 01 - 2016. I am expect wave reversal.