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GBPUSD: What To Expect This Week!

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    In our previous analysis " GBPUSD: Short-term Elliott Wave Perspective ", the alternate count expected downwards movement and Cable confirmed the alternate count and fell short of the specified target by 10 pips before reversing directions and moving upwards in a corrective manner. This week`s main count expects Cable to unfold downwards sharply in an impulsive manner, while the alternate count expects Cable to continue moving upwards to complete a second wave. As always we will wait for

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