GBPUSD Short Term Elliott Wave Structure Suggests Further Upside

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp184.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp184.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp184-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp184-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp184-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>GBPUSD shows a 5 swing sequence from 10.4.2023 low favoring further upside. The rally from 10.4.2023 low takes the form of a double three Elliott Wave structure or a double zigzag. Up from 10.4.2023 low, wave W ended at 1.24.28 and dips in wave X ended at 1.2186. Internal subdivision of wave X unfolded as […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527399-gbpusd-short-term-elliott-wave-structure-suggests-further-upside/">GBPUSD Short Term Elliott Wave Structure Suggests Further Upside</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>