Friday, January 24, 2014

GBP/USD - b-wave top confirmed.

GBP/USD - Followup on this mornings update

As I expected wave b of the expanded flat correction did end at 1.6668 which the break below 1.6605 confirmed and I will now be looking for a break below support at 1.6395 for a continuation lower towards 1.6232, where we will find the first target for wave c.

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