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madsroland

Looking at a potential break through

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
madsroland Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Wave Analysis Elliott Wave pattern FLAG downtrend short shortterm wavetheory wavepatterns wavepattern
4
2
waveanalysis elliottwaves pattern flag downtrend short shortterm wavetheory wavepatterns wavepattern
If it breaks we could see the price go down to 1.29400
Trade active
Trade closed: target reached:
I took profit at 1.30200. Not sure it will go any further and was happy with the 225 pips.
snapshot

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madsroland
Dollar strenghtning will push the GBPUSD down
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