Elliott Wave Analysis of the GBP/USD (British Pound) Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge.
It is difficult to imagine a more bearish Elliott Wave scenario for the British Pound right now. The same goes for the Euro. The charts speak for themselves. The ramifications of the strengthening dollar will play out in virtually every tradable instrument. For a complete explanation of my long, intermediate, and short-term wave counts and targets for the world’s major stock markets, commodities and currencies, please join me for my weekly webinar. Here’s how to enroll. All enrollees will receive access to a recording of the webinar immediately afterwards, whether in attendance live or not.