The GBPUSD moved nicely according to plan at the end of last week. For now I prefer an ABC correction to be in progress where wave B is currently unfolding. Nevertheless it is too soon to tell whether this unfolds in a sharp correction or a more complex combination. I will therefore wait for this consolidation to settle and buy the break. 1.455 is my preferred minimum target.
for my previous post and context see below:
1hour chart:
www.timstuyts.com
facebook/timstuyts/
for my previous post and context see below:
1hour chart:
www.timstuyts.com
facebook/timstuyts/
