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tdurai84

GBPUSD Weekly Outlook JAN 23 - 27 -- 2016 (Buy Setup)

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Libra Esterlina/Dólar Americano (FX:GBPUSD)  
tdurai84  
FX:GBPUSD   Libra Esterlina/Dólar Americano
gbpusdlong GBPUSD elliottwaveprojection wave analysis technical
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gbpusdlong gbpusd elliottwaveprojection wave analysis technical
Hi freinds, we can clearly see the bottom was formed by three way structure only, so we cant expect retest the wave top.

As per my elliott wave count this is iv wave correction for DEC-2015 top. Next week Monday or Tuesday GBPUSD test the 1.2213 level we can enter BUY on that level target was around 1.2486 (250 pips).

THURSDAY 26 - 01 - 2016. I am expect wave reversal.
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