GBPUSD fell sharply lower last week after vote counts for EU membership showed that the UK wants to leave the Euro zone. The pair fell to a new low which was technically expected as you know since we counted the bounce from 1.3850 as a corrective fourth wave. So despite a strong leg down, traders […]
The post Elliott Wave Analysis: GBPUSD in final stages of a downtrend; 12800/13800 zone could be a potential reversal zone appeared first on Forex Crunch.