GBP/USD: Elliott Wave Analysis and Forecast for 06.02.26–13.02.26

Major Takeaways Main scenario: Once the correction ends, consider long positions above 1.3342 with a target of 1.4050–1.4300. A buy signal: the price holds above 1.3342. Stop Loss: below 1.3342, Take Profit: 1.4050–1.4300. Alternative scenario: Breakout and consolidation below the level of 1.3342 will allow the pair to continue declining to the levels of 1.3000–1.2710. A sell signal: the level of 1.3342 is broken to the downside. Stop Loss: above 1.3342, Take Profit: 1.3000&nda