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GBPUSD – Flat pattern in the second wave – November 2nd, 2020

GBP/USD, 15H chart. The high of wave 1 remain untouched, so the bullish outlook is still in force. Therefore, the price is likely going to develop wave 5 of (1) in the coming days. GBP/USD, 120Minutes chart. It seems like wave ((i)) finished as a leading diagonal. Also, wave ((ii)) might have been in place …

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