GBP/USD Update: More Upside Ahead
Gregor Horvat | Nov 18, 2019 09:35AM ET
Cable was very slow for the last few weeks so we labeled the recent move as a correction on the way up; we were tracking a possible zig-zag which can be finished, and now points above the 1.297 bullish level in five waves for final wave 5). That said, be aware of a top and resistance at the highs, because we are observing the fifth and final wave.
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