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British Pound: Bullish Short Term Pattern

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 6, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The rally from 1.9337 to 1.9957 is a 5 wave advance and is probably wave A within the A-B-C corrective rally. Wave B is underway now and is probably at its midpoint. The drop from 1.9957 is in 5 waves, therefore, expect a rally in wave b of B that...

    complete article here...

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