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SteveNixon
3 Th04 2017 11:27

Pound Kiwi Correction Due? 

British Pound/New Zealand DollarFXCM

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This has progressed as forecast (see link for daily forecast below) but I doubt it will reach beyond the start of wave A with out a nice correction. There is no trade yet but keep an eye on this one - it may present a nice short trade in the correction but a better trade could be the long to complete Wave C

Forecasts will be updated as they develop so remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

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Just to clarify - My bias for the pound is long but we may see a nice correction along the way.

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We could have a breakout here - wait for a flag or correction to confirm the breakout.

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Progressing nicely
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