GBPUSD - Long Term Sell Potential

Trading Plan with LT

  • Price Action: Price has been moving correctively from the 23/09 to 11/11 making us believe that the big Money still want to sell. We can see a bounce from the 11/11 which makes us believe that the sell might be resuming.
  • Fundamental: US Dollar getting stronger is good news for the Sell and GPB getting weaker is good as well.
  • Technical: We are looking at an impulse - correction - impulse pattern to complete.


Manage it Well
Cheers

PS: Comments are welcome always
Chart PatternsTrend AnalysisWave Analysis

Penafian