GBPUSD Update

Wednesday, December 2, 2009


GBPUSD until now didn't confirm the beginning of the new (down) trend and it's need a good sell off to validate the began of the wave iii. However since the wave ii (rose) the pattern seems more another zig zag,were wave "a" is similar with wave "c". So the bears must have some caution and wait a little more to see what will happen.

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