GBPUSD : Market’s Overview

GBPUSD : UPward Correction on H4 Time-Frame has finally started triggering my last Signal on the pair where I’m telling you how to trade the UPward Correction and how to ride the Downtrend after Correction is over.

Draw the Fibonacci Retracement Tool from the Top of the last big Downward Wave down to its bottom and place a mark at 50.0 FIB Ratio level which should be around 1.5382 price level a few pips below the FLAT TOP of the KUMO. You should expect the price to reach at least that level -if not going higher- before resuming its Downtrend.

Happy pips!

Sofia

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