GBPUSD Wave Analysis

GBPUSD Wave Analysis

16 December 2015, 04:34
sathish kumar
1
192


GBP USD, “Great Britain Pound vs US Dollar”

At the H1 chart, Pound has formed the ascending wedge in the wave (a). It’s highly likely that the price has started falling in the wave a of (b). After completing the local correction in the wave b, the pair may form another bullish impulse, this time in the wave c of (b).

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