Bears Taking Over 10 Year US Notes and GBPUSD

Good day traders. Hope everybody is having a good time.

Todays focus is on the 10 Year US Notes and gbpusd.

10 Year Us notes are trading sharply lower, unfolding a nice impulsive structure, which we see it as sub-wave (1) and now upcoming wave (2). We know that wave (2) is a correction, which means a three-wave rally may unfold within it.

10 Year US Notes, 1H

GBPUSD

GBPUSD can be trading at the end of a corrective wave ii, which can see limited upside near the Fibonacci ratio of 61.8. From there price can sharply unfold lower into wave three.

Have a nice evening.

GBPUSD, 1H

GBPUSD

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

 


 

You trade different markets, want to learn and be on track with trend analysis? Find out what we have to offer, and Test Our Services For 14 Days For Only 1€.www.ew-forecast.comEW-Forecast.

By using www.ew-forecast.com website, any services, products, and content contained here, you agree that use of our service is entirely at your own risk. You understand that there is a very high degree of risk involved in trading on the markets. We assume no responsibility or liability for your trading and investment results. The charts, and all articles published on www.ew-forecast.com are provided for informational and educational purposes only!

By using the information and services of www.ew-forecast.com you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you.