24 July 2018 Elliot Wave No change. GBPUSD is currently recovering, suggestion that a bigger flat correction can be in play for the pair. We see waves A) and B) completed, so current turn higher from 1.2956 can be wave C that must unfold five visible waves, before we can regard this flat correction completed. Current structure points higher, towards the 1.3294 level in a bullish manner, however let's be aware of temporary pullbacks that may show up as well, the first one being wave 2.
GBPUSD Elliot Wave Chart 4 hr