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GBP/USD Elliott Wave Analysis: 10 July Intraday View

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

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