Gu back to 1.27-28 levels?
GU looking to bounce back
Long term idea of where DXY maybe heading. Will wave DE form
Lets see if leg CD forms. Important to break resistance.
GBPUSD forming a pretty nice upward channel. Completed wave 2-3 and wave 3-4 seem to be forming.
5th Elliott wave seems to be forming in 4hr chart. Buy with a target of 1.1300 and a stop loss of 1.1175
Looks like a Bullish ABCD pattern has formed. Next target is 1.12295 with a stop loss of 1.1074
Sell if it breaks 61.8 retracement and buy at 1.10642