Hellena | GBP/USD (4H): Long to resistance area of 1.26498.

FX:GBPUSD   British Pound / U.S. Dollar
Dear colleagues, having analyzed the chart I have redrawn the Elliott waves. I believe that the price formed a correction and now begins a major wave 5, which will reach at least the resistance area of 1.26498.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The price has traveled more than half of the way. I expect that by the end of the week the target will be reached! Don't forget to put your trades to breakeven!
Dear Colleagues, the price reached the support level and then bounced strongly from it. I believe that in the coming week the price will reach the resistance area at 1.26498.
Trade closed: target reached:
Dear Colleagues, if you did not manage to lock in profits while the price was higher, I would advise you to do it now, because there is a probability of an update of the low. Profit will be small, but it will be there.
Dear colleagues, if you held long positions, congratulations on a nice profit.

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