GBPUSD Elliott Wave Count - Simple 5 Leg Move

12 ביוני 2024

The GBP/USD pair has been trading bullishly since April 24th, which we are identifying as a Motive Pattern. The current movement, starting from June 10th, appears to be an incomplete wave 5. So far, we have observed three sub-waves and anticipate two additional legs that will likely drive the price towards 1.2900 in the coming days.