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Wednesday, February 26, 2014

GBP/USD - The bulls did step up their game yesterday.

GBP/USD

The bulls did the Work needed yesterday. I do think we saw a quick wave ii, but it just might drag out a bit more and becom slightly deeper towards 1.6638 before wave iii higher towards 1.6879.
Short term a break above 1.6689 will be the first indication that wave iii higher is developing.

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