A triangle is also complete in the GBPUSD. On short term charts, the rally from 1.6337 can be counted as a 5 wave rally. This suggests that the larger trend is up. This is potential short term support at 1.6430.
A triangle is also complete in the GBPUSD. On short term charts, the rally from 1.6337 can be counted as a 5 wave rally. This suggests that the larger trend is up. This is potential short term support at 1.6430.