Short retracement then more downside for GBPUSD

19 Eyl 2016

After Fridays decline the Pound is retracing some of it's losses this morning here in Asia. However, I think the retracement will be short lived and the Pound decline has further to go.

20 Eyl 2016

Not

PLaying out as expected. Perhaps one more leg down before a correction to complete wave 5.

23 Eyl 2016

Not

Got my count a bit wrong but still worked out. Difficult not to with the Pound these days!