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    GBP/USD Eyes Higher

    Abstract:GBP/USD Eyes Higher
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    •   US data ahead including NFP

    •   GBP/USD looks for one leg down before moving higher

    •   A Rise above 1.400 indicates impulsive bullishness ahead

      GBP/USD trades in corrective Elliott wave triangle a,b,c,d,e pattern. It is now wave e, final leg of this corrective triangle.

      We have US Data ahead including Nonfarm Payrolls. GBP/USD could get support during the that volatile session. Any Intraday downside move will be ideal area to join the Cable's bullish ride.

      A rise above 1.400 level indicates that GBP/USD is more bullish in the days ahead.

      GBP/USD 4h Elliott Wave Analysis Chart

      

    GBPUSD

      GBPUSD Elliott Wave Analysis Chart

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