Last week it was forecasted that the Gbp/Usd will unfold the X-Sequentials X5 down move targets.
The first down move target zone was between 1.5710-1.5501.
According to the the forecast the Gbp/Usd formed it´s low at 1.55540.
Fridays close : 1.5627
After reaching the first down move target a countermove ´till 1.59292-1.59740 is possible .
The Gbp/Usd should then proceed it´s down move to the next X5 patterns target located at 1.4962-1.4661.
Chart : Gbp /Usd , X-Sequentials 60 Minute Chart
yours sincerely ,
Devin Sage ,TXA Trading