GBPUSD Still looking for another swing rally

The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 where the hourly is turning up. While a bounce fails below the 12/13/19 highs it can see a pullback correct the cycle from the 9/3/19 lows. While it shows it will remain above the 9/3/2019 lows where the 4 hour right side is up it can see another swing higher in the correction of the cycle lower from the 7/15/14 highs.

#forextuitions #lalitmatta

the pair definitely took a tumble

daily timeframe

3hr timeframe

My man! Aka #forextuitions, unlucky guess, I think you need to go back to education to analyse charts. Otherwise you’re going to blow some accounts. Maybe read up on price action if that’s what you want to trade. Start on demo first. Best of luck.

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