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GBPUSD: Elliott Wave and H&S Pattern Is Pointing Higher![]() Cable made a strong rebound from the 1.3135 support, suggesting the market could be bottoming, possibly completing an ABC, zigzag pattern. So, with the current break above the channel resistance line in an impulsive fashion into wave A/1, we should watch for more upside, at least in three waves, up to 1.37 area or higher. For more analysis like visit us at www.wavetraders.com ![]() This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
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