GBPUSD Points Higher After A Consolidation
Jan 30, 2024

GBPUSD

Cable with ticker GBPUSD is trading in wave four correction, a higher degree pullback that can sooner or later send prices back to the highs, possibly already now after first support for a triangle near 1.26 held, but we still need broken upper triangle line near 1.2750 to make sure that fifth wave up is in play for 1.29-1.3. Deeper support is at 1.25 if 1.26 flor is broken.

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Dollar Close To Resistance Ahead Of FED, BoE and NFP. Check our latest recording of a live webinar streamed on January 29 HERE.

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