Elliott Wave Analysis: Cable Is Back To Bullish Mode
Jan 17, 2022

GBPUSD

Cable made only a three-wave A-B-C decline since June 2021 highs. Nicely connected within channel range and with equality measurement of waves A=C. It clearly indicates for a higher degree wave IV correction, especially after recent sharp and impulsive reversal from 1.3160 lows and back above channel resistance line that confirms lows is in place.

Elliott Wave Analysis: Cable Is Back To Bullish Mode by ew-forecast on TradingView.com

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