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GBPUSD – Fourth wave finished – October 20th, 2020

GBP/USD, 15H chart. The high of wave 1 remain untouched, so the bullish outlook is still in force. Therefore, the market should continue unfolding wave 5 of (1) in the coming days. GBP/USD, 120Minutes chart. It seems like there’s an upward impulse, which could be wave ((i)). A second-wave correction is likely over. If correct, …

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