Greetings.
First off, it’s great to now be a part of the Trader Planet community. We look forward to contributing our analysis and insights and hopefully members of the community will find our analysis a great tool with their own trading style/outlook.
Let’s take a quick look at the GBP/USD. It seems like we’re potentially forming a 5 wave movement up and we still have some room to go. Looking at our charts, we may actually be in the 3rd wave movement up, which will translate to a nice movement up.
Look for a potential target of 1.5600 area and above.
Remember to always apply and use your money management. Good luck with trading and we’ll see everyone again shortly.
