Elliott Wave Weekly: GBPUSD to move higher as third-wave advance still underway

As you can see on the 15H chart, it seems like there’s an ongoing extension in wave (3). Wave 3 might have been in place, so it’s time for wave 4 to begin. Broadly, the market could continue unfolding a bullish impulse for wave ((1)) or ((A)) in the coming weeks.

Scroll to Top