Short term Elliott Wave in Copper shows 5 swing sequence from 11.14.2024 low, favoring more upside. Up from 11.14.2024 low, wave 1 ended at 4.335 and pullback in wave 2 ended at 4.005. The metal has resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 4.47 and pullback in wave ((ii)) […]
Key Highlights GBP/USD started a consolidation phase near the 1.2950 zone. A key bearish trend line is forming with resistance at 1.2990 on the 4-hour chart. Bitcoin climbed further above the $71,500 resistance. Gold traded to a new all-time high above $2,765. GBP/USD Technical Analysis The British Pound remained in a bearish zone below 1.3120 […]
The post GBP/USD Eyes Recovery: Can Bulls Turn The Tide? appeared first on Action Forex.
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