British Pound / U.S. Dollar
Long
Updated

Hellena | GBP/USD (4H): Impulsive wave 3 (Long)

503
Dear colleagues, it is likely that the price is completing corrective wave 2 and an impulsive wave 3 will begin soon. Based on my analysis, I anticipate only long positions for this pair. The nearest target is at least in the resistance area of 1.31352.

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Note
I assume that wave 2 is completing. A deeper correction to the area of 1.27000 is possible. I am only considering long positions.
snapshot

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