GBPUSD Update

Wednesday, January 13, 2010

In my last update I sayed GBPUSD were doing a double zig zag. After one month seems the double zig zag already finished. As I expected at least one simple abc (in big picture) it's possible another zig zag for the downside. At short term this looks more a corrective pattern so I may will change the big picture very soon and turn it more bullish.

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