GBP.usd elections Spike not done yet? GU follow through possible

2019-12-13 12:37:36

This is a follow up to my previous plot looking for a 216 pip jump (click).

GU spiked over 400 pips based on election results.
It is currently floating mid-band on higher tf fib.
Plotted are possible pathways and destinations.

$ 1.35677 - 1.35827 remains primary target.
$ 1.36347 - 1.36504 is new extended target.
$ 1.33513 - 1.33628 is idea support to hold.

Previous Plot from before election: https://www.tradingview.com/chart/GBPUSD/y1K7elCW-GBP-USD-setting-up-for-216-pip-break-out-GU-Fib-Jump-Imminentu/

Prior to that, we caught the $1.22 bottom: https://www.tradingview.com/chart/GBPUSD/cir5WtLK-Pulse-of-an-asset-times-Fibonacci-GU-Picture-Perfect-Fib-Wave/

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