The short‑term Elliott Wave outlook for GBPUSD indicates that the rally from the March 31, 2026 low is progressing as a five‑wave impulse. From that date, wave 1 concluded at 1.3658, followed by a corrective pullback in wave 2 that ended at 1.33. The pair then advanced in wave 3, establishing a clear impulsive structure. Within wave 1, wave (i) terminated at 1.345, while the subsequent pullback in wave (ii) ended at 1.337. The advance continued with wave (iii) reaching 1.346, before wave (iv) corrected to 1.342. The final leg, wave (v), pushed higher to 1.35, completing wave ((i)). The correction in wave ((ii)) found support at 1.3367, and the pair has since resumed its upward trajectory in wave ((iii)). This development reinforces the bullish interpretation, as the five‑swing rally from t