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Charts247TradingAcademy

GBP/USD Uptrend Resumes

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Charts247TradingAcademy  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis GBPUSD gbpusdlong gbpusdanalysis
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trendanalysis indicator beyondta gbpusd gbpusdlong gbpusdanalysis
The GBPUSD according to the wavestructure count has a strong indication of a bullish trend in the short-medium term. we have seen a retracement overnight to the Buy-Zone of the Fibonacci, and Bullish-Wavestructure -Two is expected to kick in from here.
Our risk for this trade is 1.2460
We have two Target areas:
T1: 1.2520
T2: 1.2547
Enjoy!
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