GBP/USD - An inverse S/H/S confirm the Elliott wave count

١٨ سبتمبر ٢٠١٧

The elliott wave count call for much more upside in Cable for the coming weeks/months. This view has been confirmed by the inverse S/H/S that was triggered with the break above 1.3240. Both calls for rallies into the 145.50 - 146.50 area.

Short-term we might see a minor set-back towards the neckline near 132.50, but only to gather strength to the next rally higher.