GBP/USD Going in Buy Zone

GBPUSD

Hi Traders

Today we are going to discuss about GBP/USD, As we all know that gbp is falling for almost 5 months. It made a high of 1.42504 in june and since than it has been in downward Trend.
I also made the video of it at that time.

From the looks of chart there is too much consolidations. I am sure all off you must be waiting for an fast pull back after the fall of this.
As WXY Pattern suggest price should move in upword direction without braking the invalidation level of 33500. and should move towards 1.35100 Level.

Remember traders there is also other possiblities and but we choose to trade in best possiblity zone.

Good Luck
Thanks
Wave Forecast

Commentaire:

Pattern got successful as expected for this one also.

Trade fermée: cible de profit atteinte:

First phast of Structure got completed.................
Entry was given at 34200 and gbpu/usd made a high of 1.35150
its an roughly 100 pip wave

Thank you

Commentaire:

Correction in comment

First phast of Structure got completed.................
Entry was given at 1.34200 and gbpu/usd made a high of 1.35150
its an roughly 1000 pip wave