Sterlina / DollaroShort
GBP/USD Short 5 wave?
This is my preferred count for GBP/USD. Should definitely test 1.2300 this week and hopefully break the triangle to the downside for one final move down.
From a fundamental perspective this trade may carry some risk. UK inflation has been increasing recently so we will probably get another high number that beats expectations on Wednesday which could give GBP some some strength.
From a fundamental perspective this trade may carry some risk. UK inflation has been increasing recently so we will probably get another high number that beats expectations on Wednesday which could give GBP some some strength.
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