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GBPUSD: Correction Within Downtrend

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Pound has moved to new swing high in the last few sessions, now testing again 1.5245 resistance so looks like that price is making a three wave recovery from the low. Despite higher prices pair is in a corrective move, but it will reach higher levels within wave 2 as[​IMG]

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