GBP/USD Elliott Wave Analysis: 10 July Intraday View
The cable was dominated by the bears last week. A bearish correction that followed a strong breakout. Looks like the correction will continue this week until price resumes upside. Reversal zone is set at 1.275 -1.28. This analysis is invalid at 1.258. Once the correction completes, we can expect strong rallies to 1.33 -1.34.
GBP/USD Elliott Wave Analysis, 45 Minutes