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melvinljw
May 3, 2018 6:38 AM

Bullish GBPUSD, Elliot Count Long

British Pound/U.S. DollarFXCM

Description

This pair has been giving me a hard time. Initially, I was looking for another wave downwards, but this pair seem to keep climbing.

I re-looked at the charts and realize the trend could have turned from down to up. Current setup looks like an ABC expanded flat pattern. Current C wave to flush out the longs before it moves upwards towards 1.45 levels.

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