Scalping update on GBPUSD

Some minutes ago cable declined lower comparing to previous min level (at the lowest TFs). But the new established low is still in the trading range of perspective wave [i] of 5.

I’ve attached 1min chart showing the wave count on just formed bullish micro-impulse, that has typical 5-wave pattern. The price has already retraced, so it may be a good entry point for a buy order.

Check my previous entry to get known with the trading parameters and common view on the short-term move at GU.

gbpusd 11.03 1min Scalping update on GBPUSD gbpusd

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