#GBPUSD Daily #Elliottwave Count

GBPUSD Daily Elliott Wave Count

The GBPUSD is at or near completing 5 waves up from 1.19586.  As long as the pair holds above 1.3230 then I could see the pair extend with some 4th and 5th waves before the wave 2 correction.  

I am looking at this 5 waves up as Wave 1 of a larger degree C wave with a target up near 1.4686.  This would complete a 4th wave of a larger degree Ending Diagonal.  

GBPUSD Daily Elliott Wave Count

 

#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