Monday, April 22, 2013

GBPUSD Could Turn Bearish This Week (Elliott Wave Analysis)

GBPUSD has extended higher in the last two weeks after breaking the trend-line that connected from above 1.6300. As such, we labeled the recent big fall as a completed five wave fall in wave I, followed by a corrective bounce which we think is wave II. With that said, recovery from the lows is just
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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