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thillygoosth
Oct 16, 2018 9:25 AM

GBP/USD potential wave pattern 

British Pound/U.S. DollarFXCM

Description

GU counts out like it wants to make a flat. It's in an uptrend until it completes a smaller correction. But if it does, I would think it will break the trend line and do one more up to complete a full retrace of move down. Of course there are some different things it can do, but as long as it were to follow that path, I would continue to trade that scenario.
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