GBP/USD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3459 with a target of 1.2936–1.2735. A sell signal: the price holds below 1.3459. Stop Loss: above 1.3500, Take Profit: 1.2936–1.2735. Alternative scenario: Breakout and consolidation above the level of 1.3459 will allow the pair to continue rising to the levels of 1.3870–1.4300. A buy signal: the level of 1.3459 is broken to the upside. Stop Loss: below 1.3415, Take Profit: 1.3870&nda
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