GBP/USD - Outlook Update

51
Daily View Only

Price is currently Long term still bearish.

Price has finished its final leg of Elliots Wave Consolidation

This rising wedge pattern is a liquidity trend... EXPECT A BREAKOUT

The Highlighted zone shows a smaller area of consolidation in this wave, Im expecting when price takes out either one of these swing level will determine the next impulse direction

Will link the 4H view to this Post

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.