Is the Pound due a bounce?

Livre sterling / Dollar américain (FX_IDC:GBPUSD)

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FX_IDC:GBPUSD Livre sterling / Dollar américain

The chart is hopefully self-explanatory but I am suggesting that the Pound is perhaps due a further wave 4 rally correction. As for targets for a bottom, I have suggested three areas to consider. Please see the chart for details.

Commentaire:

The 1.11 target looking more possible by the day.

Commentaire:

Is the Pound due a bounce.......errrrrr........no.

Commentaire:

Hang on a minute.....is there still some life in the old dog?

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