GBPUSD - Correction not over yet
The GBPUSD chart showing a correction from its last bullrun. As of the Elliot wave theory, we might see a correction of 3 waves. Currently, we can see AB fulfilled, which leads us to another corrective wave. The downside of my idea comes from the DXY, where the USD can still move lower.
What do you guys think?
What do you guys think?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.