GBPUSD Forex Signal By Trading Twist
Sell Limit Order: 1.2765
SL 1.2790
TP 1.2640
GBP/USD’s broad bias is bearish. Prices printed a bottom last month and bounced higher. It is developing a corrective structure, WXY. Wave X is in play, printing a three-wave structure. A temporary upward price action is expected to print the second leg. The rally should find sellers to complete wave X. We plan to sell the rally.