Elliott waves for Forex correlation analysis

The price continued to move up seriously intending to update the maximum set earlier by wave 3 soon. However, everything may not be so simple. Before a decisive surge, the price may make a corrective rebound or sharply reduce activity1.1200. GBP/USD. for some time and move sideways. The situatio

The situation on the considered pair continues to develop within the framework of the previously considered wave scenario. Let us remind that, presumably, an extension is currently being formed in wave [iii] of the upward impulse. Within this extension, a corrective wave 2 is presumably developing

The sellers decided to try to storm the previously set price minimum and brought the course of the considered pair close to this value. However, the situation is very similar to the fact that the development of the correction will continue. Then this reduction is false and it is unlikely that we s