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Trader, analyst and instructor with a 6-year experience

GBP/USD: Elliott waves (Feb. 10)

Roman Petuchov for FBS

Weekly. The pair continues building an upward impulse wave [c].

Chart. Weekly GBP/USD

Daily. When the wave (IV) is complete, we’ll see the construction of the final growth impulse.

Chart. Daily GBP/USD

H4. Wave (IV) looks fully formed now. It took form of a Zigzag. Thus, in the near future we expected an advance in the wave (V).

Chart. H4 GBP/USD

GBP
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