HouTianTan
Long

GBPUSD RALLY! LOTS OF POTENTIAL PROFITS!

FX:GBPUSD   British Pound/U.S. Dollar
GBPUSD            

Similarly, we believe that this pair has just finished its entire 3-wave             corrective pattern, and its in a “partial consolidation” state as the 1.6692 and the 1.6778 levels are pretty crowded. That being said, this is a good pair to long, as long as you do so at a strong support level .

READ MORE AT http://BIT.LY/IMBAFC
Which would be....in your opinion?
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The 1.6750 would be a very good price to enter this market as it is the 23.6 Fibonacci Retracement level of the previous wave. On top of that, the pair made a significant bounce from this level on 15 May. Now, if you look at the link which I have posted in this reply, the 1.6750 level proves to be a very supportive one.

http://imgur.com/PShX6Zy
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pezq HouTianTan
Yes, I agree with that view and my analysis suggests a much higher price going forward
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