Bleck

Cable at important juncture

FX:GBPUSD   British Pound/U.S. Dollar
50 0 4
Cable should find some important resistance in the area of 1.46 as we have an important structure level ! IF my operating count is correct THEN we are very close to complete wave iv (magenta colour) which happen to be also the level of wave (iv) (blue colour) . This would imply a move lower below 1.3835 over the coming weeks ! Just my thoughts :)
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