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GBPUSD: Getting Ready For Action!

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In our previous analysis GBPUSD: Is Downtrend Over Yet ?! the main count expected Cable to unfold in a sideways manner and Cable unfolded as expected and target was reached and exceeded. This week`s main count expects Cable to reverse directions and move downwards while the alternate count expects that Cable has more to offer towards the upside to complete a corrective structure before resuming its downtrend. As always we will wait for either counts confirmation point to be reached to

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