ew-forecast

Elliott Wave Analysis: GBPUSD Looking Lower

FX_IDC:GBPUSD   Sterlina / Dollaro
Cable is turning down, so ideally pair accomplished a three wave recovery from 1.2770. If that is the case then we know that pair can be underway down to a new low, especially once wave B) swing low is broken. I was considering to look for trades on that one, but with UK elections on Thursday, not sure if we will get any breakout yet.

Check our new video regarding the EURUSD here: https://www.youtube.com/watch?v=Nxx_Qxbqnj0&feature=youtu.be

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