Elliott Wave Analysis GBPUSD 25 JanThe British pound continues to short-term uptrend. As a result of today's trading, the price reached a level of 1.5620. The momentum continues to be formed, presumably developing the fifth wave, which can reach a level of 1.57. There is already a level that would signal the beginning of the correction to the entire pulse. That is, breakdown level of the end of the 4th wave - 1.5530, will signal the completion of the pulse and the beginning of the correction to the wave of growth. At the end of correction, you might consider buying a pair.
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