Quick Elliott Wave Update on the GBP/USD Currency Pair by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge.
Since my last post regarding the British Pound, it appears we’ve seen 5 waves down, and a 50% retracement. This is a textbook short setup, with the objective to catch what is expected to be a very sizeable move to the downside in this pair.
Sid
