The 1-hour chart of GBP/USD is currently in uptrend and has formed an Elliot wave.
It is currently due for an ABC corrective wave.
We expect the pair to move towards the point 4 as long as the strong resistance holds.
It is currently due for an ABC corrective wave.
We expect the pair to move towards the point 4 as long as the strong resistance holds.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.