dRends35

GBPUSD - Dollar Wrecking Ball

Satış
FX:GBPUSD   İngiliz Sterlini / ABD Doları
Here's a very long term chart.

Now that DXY appears to be readying for a bull run here is a window into GBPUSD.

With price fakeout and return it looks like cable is respecting this long term descending wedge.

I think this will easily get to 0.618 $1.242 as a first target.

But in line with DXY bull market and also my GOLD and SILVER calls see linked threads, it seems probable this will be a 1.618 extension seeing GBP fall to sub $1 sometime around 2027 - 2029.

Not advice.


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