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GBPUSD Trading In An Impulse

Elliott Wave Financial Service
By Elliott Wave Financial Service

Cable is making a strong rise away from 1.2364, clearly in impulsive fashion which can see an extension up to 1.300-1.3140 area for wave C. That said, recent slow price activity was sub-wave 4), which may have already found a base and current intra-day rally may be sub-wave 5) of three.

GBPUSD, 4H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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