i don't have analysis on GBPUSD in long term view, because i don't see a clear pattern on weekly TF and i don't know which direction is it going.
but based on daily structure i see, there is an impulsive phase which is about to be proved that its over.
break out of 2-4 trendline is a clue that its over.
maybe on lower timeframes there will be opportunities for long setups.
but based on daily structure i see, there is an impulsive phase which is about to be proved that its over.
break out of 2-4 trendline is a clue that its over.
maybe on lower timeframes there will be opportunities for long setups.
Commento:
this is an other possible counting suggesting one more leg to downside:
Commento:
waiting for a wave to down side:
