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jaco
May 22, 2016 4:45 PM

GBPUSD in Final 5th Wave Short

British Pound/U.S. DollarFXCM

Description

It looks like the GBPUSD have completed Minuette wave (i) & (ii) of the final Minute wave iv and should move down to 1,37150 projected Fib extension of Minor wave 1 to 3 added a Fib 61.8% extension. This will complete a multi-month correction of primary wave 2 and should then start an impulse 5 wave to the upside for primary wave 3.
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