GBP/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

Major Takeaways Main scenario: Consider long positions from corrections above 1.3270 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3270. Stop Loss: below 1.3225, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below 1.3270 will allow the pair to continue declining to the levels of 1.2938–1.2745. A sell signal: the level of 1.3270 is broken to the downside. Stop Loss: above 1.3315, Take Profit: 1.2938–1.2745.Main Scenari