The correction in GBP is over, short to reach targets below 1.20
The upward move has been purely corrective, ABC, ending wedge in C, with a very powerful E wave which reached 1.618 target of A/C relationship.
All are ready for a big move to the downside:
GBP is ready, EUR is ready, EURGBP is ready, Crude is ready, SPX is doing what BTC was doing earlier this week - tracing out the last extended subwave, almost ready too.
Trouble ahead.
All are ready for a big move to the downside:
GBP is ready, EUR is ready, EURGBP is ready, Crude is ready, SPX is doing what BTC was doing earlier this week - tracing out the last extended subwave, almost ready too.
Trouble ahead.