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GBP/USD Pulls Back To Bottom Resistance Via ABC Zigzag

Discussion in 'Technical Analysis' started by Kaitlin, Mar 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The GBP/USD is expanding the wave 4 (pink) retracement and has retraced back to the broken bottom (dotted green). Price could find resistance at the Fibonacci levels of wave 4 vs 3.[​IMG]

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