GBPUSD: Preparing To Ride The Bearish Train !!

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    In our previous analysis " GBPUSD: Rushing to Bearish Train, Is It Wise ?! ", the alternate count expected Cable to unfold upwards to complete a second wave correction and Cable unfolded as expected and both targets were reached and exceeded. This week, both main and alternate counts expect Cable to ultimately unfold downwards sharply in an impulsive manner, The only difference is that the main count expects that decline to be just around the corner while the alternate count expects an

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