10 July GBP/USD Elliott wave analysis

Hi guys, welcome to a new trading week. I have been looking at Cable. Loos like the correction that controlled last week will continue this week despite the intermediate trend points upside. I think, once this correction is over price has a strong possibilities of resuming upside. A 3-wave correction to 1.275-1.28 is expected. I recommend buying at this zone with stop loss at 1.258. Targets remain at 1.33-1.34, from 600 Pips.
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I wish you a great week ahead.