GBPUSD: targeting 1.47 as the end of last wave of this ascending

FX:GBPUSD   Britisches Pfund / US-Dollar

GU is another pair that looks still bullish to us.
Targeting 1.47 in the near future for swing traders.
Any correction only make us a good reason to enter a long trade again.
GU finished a RED ABC triangle corrective wave in the final
quarter of 2017. After that, it made a 3-wave ascending trend up to 1.43.
Now we are only following the light blue channel up , targeting 1.47 as the end of last wave of this ascending trend.

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Kommentar: The channel is not valid anymore!
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