Today i just want to share my GBPUSD Weekly Elliott Wave Outlook
GBPUSD after touches resistance on 132.044 GBPUSD complete make wave A now correction build flat pattern if you see on chart the target correction will touches support area at 135.475 before resume to downside
Why Euro not going down, too? According to vwap on daily, vwap acts as resistance, so Euro won't go much pass 1257. Ethereium, same scenario, already bearishing. Anyway we'll see what happens?
ArmenMalik
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@stanketa, because the structure EURUSD and GBPUSD is not same ...
but EURUSD will downside too on the long run same with GBPUSD