GBPUSD keeps trading higher, so we adjusted the wave count. We are now looking at an impulsive recovery, currently with subwave (iii) in progress, but it may be trading now into the final stages with its five subwaves. That said, an upside move can be limited near 1.5800.
GBPUSD 1h Elliott Wave Analysis
USDCHF price action suggests that the dollar could find some bid in the next few sessions, as the rally from 0.9070 to 0.9357 unfolded in five waves, so the current set-back can be a corrective one that may stop near 0.9180/0.9200. Wave (c) has yet to come!
USDCHF 1h Elliott Wave Analysis
