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g2rafael

GBPUSD Heading towards 50% retracement from March low cycle

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Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Wave Analysis GBPUSD
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trendanalysis chartpattern waveanalysis gbpusd
The pair has nicely retraced to the 38.2% level from March low cycle however more downside is imminent due to more dollar strength in the market.

Also very nice divergence on the 4hour chart in the last few highs.

Possible final target will be the 50% retracement and it is due for the next one to 2 months time.

This is only for educational purposes only.
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g2rafael
GBPUSD down to 38.2 FIB to correct 03.2020 cycle
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