Forex GBP/USD Daily Video, March 04, 2020

[Sive Morten]

Good morning,

Cable is coming to major daily OP target and this potentially an area where we intend to consider long entry:

 

[Brett Reynolds]

I'll be watching for Mr Jolly's Buy Di-Napoli Special Signal too..!

 

[minimax]

I'll be watching for Mr Jolly's Buy Di-Napoli Special Signal too..!

I think we are in 5th wave of ernding diagonal of C wave, and currently we have to hit al least 50% if not wave 1 ED, before going into last C wave of 5th ED toward 1,265 zone..

 

[minimax]

Euro might be in zone..

 

[minimax]

Nope, dont think so, just retrace into X and then last abc toward 1,1025
2nd optiion goes nicer with my idea on cable..

 

[minimax]

Cable is in zone but the structure is hidden and foggy..
Euro is ready but there is H&S possibility..

 

[minimax]

Cable has theoretically more up move on 4H TF but on 5M TF we alreday could be in 5 ED, maybe alreday topped.
If Euro will climb higher above 1,11548, cable could go higher too..
If Euro just touch 1,11548 will hit 50% and could start C Flat. I Think this is most probable PA.
The US Congress has voted for a $8.3bn emergency funding package to fight the coronavirus ..