GBPUSD: Mid-Term Elliott Wave View !!

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    In our previous analysis GBPUSD: Strapping Seat Belts !! Cable was expected to unfold downwards. Both first and second targets were reached and exceeded and Cable reversed directions moving upwards invalidating that count. Therefore, we are modifying the subdivisions within the third wave we are tracking. The main count expects Cable to unfold towards the downside within a third wave as an impulse. The alternate count on the other hand, expects that Cable has more to offer towards the upside

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