Bearish divergence + ABC waves retracement pattern forecast 90d
GBPUSD bearish retracement wave C rally expected after a completed corrective wave (B) at 1.6775. Pair turned very strongly to the upside which is very typical for Elliott ABC Pattern after a completed five wave.
I see a move to 0.618 Fibonacci level, ideally market will go until july down to 1.6038 in 82 days.
I see a move to 0.618 Fibonacci level, ideally market will go until july down to 1.6038 in 82 days.