stanchiam

gbpusd long term alternate view

OANDA:GBPUSD   Brittiska pund/Amerikanska dollar
6
although tons of traders are very bullish on it, there is an alternate view that price once finish the 5 waves of wave C, will melt to new low
fundamentally brexit is still ongoing issue and it can lead to other issues which can corrode GU price

and worse, there could be truncation which mean the drop has already started
truncation is very rare and I personally do not like that idea but will be open to it
still prefer to see another leg up after price correct to around 1.28 region
good luck

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