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© Reuters. The currency pair continued its rise for the fourth day, buoyed by expectations around monetary policy on both sides of the Atlantic. The pound strengthened against the dollar, building on gains above its September high, as market sentiment turned cautious regarding further interest rate hikes by the Federal Reserve, according to minutes from

Share: The short-term Elliott wave view in GDX suggests that the cycle from the 5 May 2023 peak is showing a 5 swings lower low sequence in higher time frame charts. Supporting more downside in the instrument. The decline from that peak is unfolding as an Elliott wave zigzag correction where wave (A)