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JWagnerFXTrader
May 15, 2020 3:15 AM

GBPUSD Bullish Bias Elliott Wave Pattern Long

British Pound/U.S. DollarFXCM

Description

Broadly speaking USD may strengthen so will GBPUSD be the outlier and GBP becomes stronger than USD? We have an impulse off the 1.14 lows which suggests another run higher while holding above 1.20. A couple more gyrations near current pricing so Cable may drift lower near term.

If this is correct, there could be some interesting cross pair trades being bullish GBPxxx. It takes a little time to put these analysis together so let me know if you welcome the ideas with a thumbs up below. Cheers!
Comments
Currencytrader
Nice work.....
JWagnerFXTrader
@Currencytrader, git 'er done...
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