GBP/USD: Elliott Wave Analysis and Forecast for 07.03.25 – 14.03.25

Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.3443 with a target of 1.2100 – 1.1900. A sell signal: the level of 1.3443 is broken to the downside. Stop Loss: above 1.3490, Take Profit: 1.2100 – 1.1900. Alternative scenario: Breakout and consolidation above the level of 1.3443 will allow the pair to continue rising to the levels of 1.3700 – 1.4000. A buy signal: the level of 1.3443 is broken to the upside. Stop Loss: belo