GBPUSD Moves For The Final Push Up, USDCAD Looks For

On GBPUSD we have a slightly different outlook for the short-term. On that pair we see the possibility for another push up, above 1.5800 before the market turns down. We see wave (iv) now moving down to around 1.5630 where support can cause another bounce.

GBPUSD 1h Elliott Wave Analysis

USDCAD can be interesting for short-term traders as the rally from the low can be counted in five waves, so the bulls could continue after a three wave set-back. We see nice support coming around 1.1980.

USDCAD Elliott Wave Analysis

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