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GBPUSD Trading In A Correction

Discussion in 'Technical Analysis' started by Kaitlin, Mar 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    GBPUSD traded higher last week and filled the gap near 1.4400 as expected. We know that these gaps will usually be a trend changer once they are filled, so it's not a surprise to see almost 200 pips reversal from recent high. From an Elliott Wave perspective, we see current[​IMG]

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