Get started
UnknownUnicorn333217

GBPUSD can see a temporary support around 1.3980 - 1.4000

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
UnknownUnicorn333217  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD
11
0
trendanalysis chartpattern waveanalysis gbpusd
GBPAUD made a nice 3 wave drop from 1.4340 level. Current correction can be limited. After the five wave impulsive wave structure, we may seen a finish wave IV matter that looks will complet, and points towards new lows. On that note a breach below the lower channel line would signal a bearish continuation.
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.