#GBPUSD one more push in 5 and then correction.

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Wave Analysis Elliott Wave

waveanalysis elliottwaves

Not expecting a large 5th wave here following the 4th wave triangle but is something to watch develop. The next 3 wave pullback should provide an opportunity for next long.

Comment:

count developing as expected. wave 5's can extended so I would not rush to call it done until the market starts showing signs as such.

Related Ideas

about USDMXN

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.