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GBPUSD has been captured in a 5-wave move . wave 1 started from July 9th 2013 at 1.49802 and terminated at 1.54326. Wave 2 started from 1.51009 in an irregular flat which halted at 1.54265 from this same price wave 3 picked and terminated at 1.62596 .Where we are :we are in wave 4 which could terminate any day from today or may still go futher downside abit to test 1.59168
as shown by stochastic oscillator, if it doesn’t then we will see
price go to hit wave 5 around 1.64 I think I go for 1.6…
as shown by stochastic oscillator, if it doesn’t then we will see
price go to hit wave 5 around 1.64 I think I go for 1.6…