GBP/USD Target

9 Şub 2021

I am long GBP/USD and this is based on the retrace from the final low all the way back up to the last high top in 2018. There may well be an overshoot to the max 100% retrace but this is my current thought.

15 Şub 2021

Not

Still looking on track.

18 Şub 2021

Not

There will be some hesitancy at the mid-way point between the 100% and 76% retrace price....there nearly always is. The plan is still the same though.

19 Şub 2021

Not

14377 is the top target. No idea if it will reach but if you follow the plan as per my other ideas, you are unlikely to lose much if anything if the market turns against you. So we are still buying the heikin-ashi candles. No selling yet.