The_Cannalyst

GBPUSD: Wedge!

The_Cannalyst Güncellendi   
FX:GBPUSD   İngiliz Sterlini / ABD Doları
45
I know, after that political shock it is not really serious to analyse that pair., but one follower asked me to Analyse it...so here we go.......

I see a bearish flag: tp1 could be 1.27 tp2 would be 1.25, but thats really hard to believe that the pair will reach that Niveau the next days!
The Minimum correction Level (fibo 38,2) of the massive sellout also is hard to believe
There is a Little tradingbox within the flags Body, which reaches from 1,2835 - 1.3025

For me, the edges of the flags Body are interesting action points:

Possibilities:
-Sell the upper edge or buy the breakout of this Body.
-Buy the bottom edge or sell the breakout through that bottom
İşlem kapandı: hedefe ulaştı:
Reached the upper tp
Feragatname

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