GBPUSD Elliott Wave Count - Simple 5 Leg Move
The GBP/USD pair has been trading bullishly since April 24th, which we are identifying as a Motive Pattern. The current movement, starting from June 10th, appears to be an incomplete wave 5. So far, we have observed three sub-waves and anticipate two additional legs that will likely drive the price towards 1.2900 in the coming days.
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.