Good day traders!
Commodity remains on bullish side, which was confirmed by a new break to the highs on crude that came out of a fourth wave so fifth wave rise may continue towards our Fib levels placed near 63.00.
Crude oil, 1h
Cable is seen in a fourth wave which will ideally retest levels below 1.35 before it turns up again for a new bullish run into higher degree wave 5. A five wave rally and breach above 1.3612 level would suggest wave 5 to be in progress.
GBPUSD, 1h
