Hi Traders,
GBPUSD will enter some corrective action in the forthcoming sessions following the impulse 1-2-3-4-5 sequence we've just witnessed. It is still to early to tell what type of correction will manifest. At a minimum, we can expect a 3-wave pullback (either simple or complex) and further continuation of the down trend. With this being said, we do not have...
We have lots of factors going on here, after a rally in one direction (down) especially a sharp one like we've seen this week we would expect a return rally...
Confluence of support and weekly trend line makes this a great area for a trade, we have divergence on the RSI and increased volume through the ATR...
I've taken one risky trade as it gave me a 10:1 which...
