Sat, Feb 07, 2026 07:05 GMT
More
    HomeContributorsTechnical AnalysisCable (GBP/USD) Eyes Lower: Elliott Wave Analysis

    Cable (GBP/USD) Eyes Lower: Elliott Wave Analysis

    Cable, GBPUSD has been recovering as expected, with three waves up in wave B on 4h time frame which found a resistance later at 1.3268. So far we can see a nice sell-off below the trendline support of a corrective channel which is an indication of more weakness in sessions ahead. Ideally, wave C is now underway down to 1.28-1.29 area.

    GBP/USD 4h Elliott Wave analysis

    Elliott Wave Financial Service
    Elliott Wave Financial Servicehttp://www.ew-forecast.com/
    Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

    Latest Analysis

    Learn Forex Trading