arshyatm

Great short position for GBPUSD !!!

Short
FX:GBPUSD   British Pound / U.S. Dollar
FX:GBPUSD
It seems like wave 5 of impulse is over and going for abs correction waves.
Also we can see RSI divergence.
We can wait until New York session is over before going short. ( DEC 14th )
Our take profit is 78.6% of wave #5 and 50% of wave #1 to #5
Stop loss is pips above wave #5.
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I hope you like my view...
Make sure that you drop down your idea about Cable below. 😊

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