GBPUSD is almost ready for sellers

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Hi traders,

GBPUSD makes a very special pattern. The way we see it it is making a small ending diagonal wave 5 within a larger ending diagonal wave 5. We expect the last leg up to 1.38 and after that a big decline minimal to the price area of 1.315.
Don't miss this move!
At the moment it made an engulfing candle with a small correction so you can look for a short term buy.
But watch out because this pair is ready to move lower!

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This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

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Eduwave Trading

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