GBPUSD 29th June, 2017
Cable continues to favor the alternate count and resumed its advance reaching yesterday`s cited target. The recent advances cast the doubt on the idea of a completed fourth wave. Therefore, we are adding an alternate count that allows for further rallies.
Main hourly count expects Cable to reverse directions and unfold downwards sharply while the alternate daily count explores the probabilities of an ongoing complex fourth wave.
We will wait for either counts' confirmation point to be reached to determine the highly probable count.
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