The GBPUSD has broken the daily up corrective trend and is now under the line. Any lower degree correction under the trend will confirm more downside to come! I guess it will correct for the next week and then we will see. If it moves back into the up trend that will change the structure.
It was a three wave structure not five. 3 up 3 down and now it broke the up trend!
pyramids_Forex
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After ABCDE structure the trend changed to up trend and all the waves after that it just correction that what I mean
lemezohaib
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U need to learn more. Even u have no idea where the next wave is started and the previous one is ended which is the important thing to start wave count
pyramids_Forex
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OK I will learn more from you chart thanks
nahidik
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Very nice call
pyramids_Forex
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Thanks
JalRad
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GU still down trend ???????
anilmangal
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It has gone back into the up corrective trend so we wait now.