UPDATE ON GBPUSD TECHNICAL ANALYSIS
Did you miss GBPUSD Elliott wave analysis report? Don’t worry click here.
Before market open, what I had written about GBPUSD
“GBPUSD follow basic Elliott wave structure, you can see 1.32125-131898 levels soon. You may buy at 1.31898 or below levels, it will raise up to 1.32581-1.32888 levels.”
You can see GBPUSD eat both targets (1.32125-1.31898 levels).
USDCAD follow Elliott wave method, you can see USDCAD raise up to 1.31408-1.31858 levels. It’s a strong seller area.
An invalidation level is at 1.32514, break above this level would invalidate the count.
For more Free Elliott wave method and technical analysis reports, subscribe to our daily newsletter services.