The Daily chart shows the possible ABC count on $GBPUSD
Sunday, September 6, 2015
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The USD recovered nicely against the GBP last 2 weeks, The next few days will be very important,
move down from a latest swing high is looking corrective, ideally it’s wave B that is pointing for push to a new swing high, up to 1.6300 area (Wave B) .
I am looking to Buy the Pair around 1.49 with stop @1.4550 targets @1.59 and 1.63 , Risk:Rewards 1:3 ( 2 - 6 weeks)
