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UnknownUnicorn251843
Jan 23, 2016 2:27 AM

GBPUSD continuation of downtrend wave C Short

British Pound/U.S. DollarFXCM

Description

GBP possibly to continue downtrend. My count shows currently about to start wave 5 of sub-wave 3 with some possible targets for completion of wave 3 before a smallish correction for wave 4. Pound may have a long way to go down yet.

Comment

Possible completion of wave 5. An alternative count.

Comment

Looks like the Pound downtrend is turning into a 1-2, i-ii.........with the possibility of a greater decline looming.
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