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GBPUSD Tags Objective at 15735

GBPUSD Tags Objective at 15735

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD Tags Objective at 15735

Prepared by Jamie Saettele, CMT

The GBPUSD has reached resistance from the 5/18 low at 15730 (and channel resistance). It is unclear if the rally is a completed A-B-C rally with a triangle B wave but that is a possibility. In any case, price is at resistance and focus should be on support near 15600.

LEVELS: 15565 15600 15685 15800 15847 15910

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