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GBPUSD: Cable`s Short Term Road-map!

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In our previous analysis GBPUSD: Is Cable`s Downtrend Back To Stay ?! the main count expected Cable to unfold downwards to reach 1.4861 then to 1.4853 and finally 1.4800 and Cable unfolded as expected and all targets were reached and exceeded locking in 95 pips in profit. This week`s main count expects that Cable has one last push downwards to complete a B wave before reversing directions upwards to complete wave 2 blue. The first alternate hourly count expects that B wave is

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