The British pound has stabilized on Friday, after declining more than 1% a day earlier. In the European session, GBP/USD is currently trading at 1.2406, up 0.16% on the day. The US economy is in solid shape, so much so that the Federal Reserve has lowered its rate cut projection for 2025 to just two […]
Short Term Elliott Wave View in S&P 500 (SPX) suggests that cycle from 4.20.2024 low is in progress as a 5 waves impulse. Up from 4.20.2024 low, wave 1 ended at 5325.49 and pullback in wave 2 ended in a zigzag structure. Down from wave 1, wave ((a)) ended at 5256.93 and wave ((b)) ended […]
The post S&P 500 (SPX) Bullish Elliott Wave Sequence Remains in Play appeared first on Action Forex.
Share
