GBP/USD: Elliott Wave Analysis and Forecast for 13.11.26–20.11.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3460 with a target of 1.2980–1.2700. A sell signal: the price holds below 1.3460. Stop Loss: above 1.3505, Take Profit: 1.2980–1.2700. Alternative scenario: Breakout and consolidation above the level of 1.3460 will allow the pair to continue rising to the levels of 1.3866–1.4300. A buy signal: the level of 1.3460 is broken to the upside. Stop Loss: below 1.3415, Take Profit: 1.3866–1.4300.Main S