philipvdlinde

possible 300 pips on cable

Long
FX:GBPUSD   British Pound / U.S. Dollar
Chart is self explanatory. GBPUSD has been in a consolidation pattern in which marketmakers have been accumilating. The confirmation for this chart came when we failed to make previous lows and bounced off with huge force as a result. Get ready as this is going to get extreme. Our target for this run is 1.58, offering the opportunity of making 300 pips.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.