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GBPUSD 20th December, 2013

On Friday`s session the pound started by moving towards the downside confirming the main count before reversing directions and moving towards the upside invalidating it. We are modifying the structure within wave 5 maroon to provide the best fit. Main Hourly Count – Invalidation Point: 1.6486 – Confirmation Point: 1.6316 – Downwards Targets : 1.6226 …

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