Looks like on the H1 chart of GBPUSD we are in the middle of the 3rd leg of an impulse wave.
Remaining Wave Targets:
Wave 3: 1.3963
Wave 4: pull back to the 1.3853 or 1.3787 area
Wave 5: should give us roughly the length of Wave 1 putting us around 1.4026
Remaining Wave Targets:
Wave 3: 1.3963
Wave 4: pull back to the 1.3853 or 1.3787 area
Wave 5: should give us roughly the length of Wave 1 putting us around 1.4026
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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.