Elliott Wave Weekly: GBP/USD To Move Higher As Third-Wave Advance Still Underway

As you can see on the 15H chart, it seems like there’s an ongoing extension in wave (3). Wave 3 has finished, so a fourth-wave correction is taking place. The main critical level for this scenario is 1.3484. Broadly, the market should continue unfolding a bullish impulse for wave ((1)) or ((A)) in the coming weeks.