Elliottwave Analysis: GBPUSD, Add longs at 1.3296/1.3308
|GBPUSD closed back above upper bands after NFP.
According to my system, medium trend still point down.
But on intraday chart, we see a potential inverse head-shoulder bottom formation.
From Elliottwave perspective, some upside correction toward 1.3481/1.3524 could not be ruled out.
We maintain the long position from 1.3285, will look to add on dips.
Directly break below 1.3211 will negative this view.
GBPUSD Trade Idea: (spot 1.3368)
Buy Limit @ 1.3308 SL 1.3200 Take Profit @ 1.3445
Intraday Trade Idea:
Sell Latentinterest Order: 1.3448
Buy Latentinterest Order: 1.3268
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