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UPDATE ON GBPUSD AND USDCAD

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).

UPDATE ON USDCAD TECHNICAL ANALYSIS

usdcad elliott wave analysis

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.
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