GBPUSD Ready for a break lower? - Dec 26, 2017

26 בדצמ׳ 2017

The GBPUSD story remains unchanged for now, except for a small potential change highlighted here. Wave e within the triangle also unfolded as a triangle making 9 sub waves for the entire consolidation (contracting triangle). If this count holds true, we should see a break lower soon. Watch out for 1.3300 handle break to accelerate lower. Please remain short, stop above 1.3550 and target 1.3000 and 1.2800.

Good luck!

Harsh Japee