Traders,
What is possible on GBPUSD is that what we mark on the CHART, RED ABCDE wave.
So after a broken trendline , GU has pulled down to retest 1.310 round and bounced up, done with a bull sign on a Friday candlestick.
Considered the bottom of 1.31 is confirmed so far, its OK to expect this pair to rise up to 1.34 first.
We see 1.36 as a smaller probability , which is still possible.
Less is more!
What is possible on GBPUSD is that what we mark on the CHART, RED ABCDE wave.
So after a broken trendline , GU has pulled down to retest 1.310 round and bounced up, done with a bull sign on a Friday candlestick.
Considered the bottom of 1.31 is confirmed so far, its OK to expect this pair to rise up to 1.34 first.
We see 1.36 as a smaller probability , which is still possible.
Less is more!
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