GBPUSD
Long Setup
Continuation trade:
👉🏻 Overall bullish bias on GBPUSD. Recent price movement clearly provides us with a corrective scenario, either a ABC corrective or a more complex WXYXZ which is yet to be completed. If price were to form the final corrective wave of Wave-Z , we could see price to reach 1.35500 area, or even 1.35000. Previous significant highs have also not be broken, hence further movement will be observed.
Long Setup
Continuation trade:
👉🏻 Overall bullish bias on GBPUSD. Recent price movement clearly provides us with a corrective scenario, either a ABC corrective or a more complex WXYXZ which is yet to be completed. If price were to form the final corrective wave of Wave-Z , we could see price to reach 1.35500 area, or even 1.35000. Previous significant highs have also not be broken, hence further movement will be observed.