GBP/USD May Be Turning Towards 1.33 - Elliott Wave Analysis
Gregor Horvat | Jan 17, 2020 06:16AM ET
The pound is looking strong for the last few sessions as USD moves down while stocks keep rising. Cable can now be finally pointing higher into a wave C as price trys to break above the upper channel line that confirms end of a wave B correction. Todays bullish close, which would then also be a weekly close, may put 1.3300 in the cards for next week where upside can be limited.
GBPUSD, 1h
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