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!
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!
Are you ready to learn Elliott Wave? Take our Free Elliott Wave Readiness Assessment: bit.ly/EWreadinessquiz2
www.seethewaves.com - A school to learn how to read charts & Elliott Wave Theory.
EW Express - bit.ly/elliottwaveexpress
www.seethewaves.com - A school to learn how to read charts & Elliott Wave Theory.
EW Express - bit.ly/elliottwaveexpress
