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GBPUSD: Temporary Corrective Bounce

Discussion in 'Technical Analysis' started by Kaitlin, Jan 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    GBPUSD was firstly higher this week but then it turned lower into a new trading range above 1.4170 which can represents wave B) that is still unfolding. As such, despite recent turn down in the last 24 hours we believe that big wave four is still headed to higher levels,[​IMG]

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