GBPUSD is again at the weekly highs so we know adjusted the wave count as we see less and less possibilities for a bearish count. We reviewed the structure from last 30 days which has evidences of a corrective price action. We labeled a flat in wave B with termination point at 1.5853 from where an impulsive rally is expected to revisit 1.6255.
GBPUSD Elliott Wave Analysis 4h
Written by www.ew-forecast.com
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