Friday, December 6, 2019

#GBPUSD Daily #ElliottWave Count. This ending near 1.3300?

GBPUSD Daily Elliott Wave Count.  This ending near 1.3300?

The GBPUSD looks to be in the final stages of a five wave move up from the 1.1959 area.  I would expect some resistance around the 1.3300 area with a 3 wave correction to follow.  I am still looking for 1.45 plus after a correction that would create a head and shoulders pattern on the Weekly chart.

GBPUSD Daily Elliott Wave Count
GBPUSD Daily Elliott Wave Count