$GBPUSD Chart of the Day: THREE-WAVE ZIGZAG RALLY
1 extracted signal · 0 resolved · 1 still active
Elliott Wave ForecastIndependent analyst profile- Source published
- 30 Oct 2026, 15:38 UTC
- Recorded by Tahlil Plus
- 30 Oct 2026, 18:37 UTC
AI-generated source summary
The analysis of GBPUSD suggests a bullish three-wave zigzag rally. The current price is approximately 1.3391. The analysis indicates that the pivot at 1.314 is holding, aligning with the completion of wave ((c)) of B. The predicted market trend is bullish, with an anticipated target price around 1.34585, representing the 100% extension of the A leg. The invalidate level for this bullish outlook is set at 1.314. The chart displays Elliott Wave labeling, with blue and red numbers indicating wave counts. The video commentary emphasizes a preference for trading in the direction of green/red right-side tags and discourages trading turning up/down arrows or against the direction of right-side tags. The timeframe for this analysis is 1 Hour.
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