The Short-term Bullish Outlook :
As shown in this Intraday frame, Cable has potential to rally in Minor wave C, after completing the “Running Triangle” as Minor wave B.
The outlook is bullish against 1.5425, through the expected target at 1.6198.
The Cable still remains with the potential to be extended through the higher levels, same as Euro.
The short-term outlook remains bullish through the Fibonacci 2.618 expansion level at 1.5921.
Bullish view :
The Cable may push higher to extend the fifth wave of Minor wave C. The outlook is bullish through the Fibonacci 2.618 expansion level at 1.5921.
Elliott Chart 