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HomeContributorsTechnical AnalysisElliott Wave Analysis: GBPUSD Unfolding A Temporary Correction

Elliott Wave Analysis: GBPUSD Unfolding A Temporary Correction

Elliott Wave Financial Service
By Elliott Wave Financial Service

Good day traders! Today’s focus will be on the GBPUSD.

GBPUSD is turning up, but only for a three-wave correction viewed as blue wave two. We expect a bounce in three waves, as A-B-C rally up to 1.3032 resistance area from where new turn lower may occur later this week.

GBPUSD, 4H

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