British Pound / U.S. Dollar
Long
Updated

GBP/USD Technical analysis

The 1-hour chart of GBP/USD is currently in the process of forming an Elliot wave.
It has formed the 4th wave and is resuming the rally of the 5th wave.
The ichimoku indicator also indicates the resumption of buy trend.
Hence we expect the pair to be bullish for short term.
Trade closed: target reached

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