The last leg up for GBPUSD

Hi traders,

Last week GBPUSD made a small correction and went higher. We still think it is making the last leg up (wave 5) of an ending diagonal. So we're looking for short term buy setups to the daily supply area.
After that we expect a big drop to minimal 1.3450's. We will wait and see.

If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

Don't be emotional, just trade!

Eduwave Trading