GBP/MYR Elliott Wave Study

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GBP/MYR Elliott Wave StudyBRITISH POUND / MALAYSIAN RINGGITFX_IDC:GBPMYRAdamIdris2GBPMYR has completed wave e of wave (b) somewhere in July 2024. Currently, it appears wave (C) of wave w (downtrend) has completed. If wave (c) is to be completed at a minimum level of 0.618, then the next wave, wave x, is predicted to be completed in Nov 2026. The final wave y of wave (c) is predicted to be completed in July 2028 in another ABC wave if the price moves according to the downtrend channel. This analysis is intended solely for Elliott Wave learning purposes and is not a recommendation to buy or sell. Please conduct your own technical analysis.