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GBPUSD- Wave 5?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    $GBPUSD- Wave 5? Currently we are at 1.5418 after breaking the corrective 4th wave. We are looking to continue to the Fibo support area @ 1.5317 with an initial overall target @ 1.5158. The average daily true range (ATR) for the pair currently is 88 pips.

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