The GPBUSD is unfolding in the shape of a corrective combination and I think that there might be another leg higher needed once the current move lower is complete. Short term we see a bearish break after a consolidation. I will target 1.426 zone and see whether price breaks lower or reverse from that price zone.
The safest entry will be after a consolidation of smaller degree which is currently in progress.
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The safest entry will be after a consolidation of smaller degree which is currently in progress.
www.timstuyts.com
facebook/timstuyts/
