tomj2417

Pound at a short term cross roads

FX:GBPUSD   Paun British / Dolar A.S.
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In my opinion, either the Pound has finished its ABC correction at the 78.6 fib extension of wave A and will now begin another decline lower or it has one more leg of the correction to go. With the Dollar recently also seemingly unable to decide on it's future direction it is a bit hart to tell which is why I'm neutral Details on the chart but the alternative counts for the correction are shown with different colours.
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