GBPUSD

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GBPUSD

GBPUSD 30th December, 2013

On Monday`s session the pound unfolded in a tight range leaving both main and alternate counts valid. We are updating both counts according to the latest price action and it should be noted that both counts have almost equal probabilities and therefore we will wait for either count`s confirmation point to be reached to determine …

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GBPUSD

GBPUSD 27th December, 2013

On Friday`s session the pound unfolded towards the upside reaching and exceeding both first and second specified targets. We are updating the main count according to the latest price action and we are adding an alternate count which expects the pound to unfold towards the downside in a corrective manner. Main Hourly Count – Invalidation …

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GBPUSD

GBPUSD 26th December, 2013

On Thursday`s session the pound unfolded towards the upside confirming the alternate count and both specified targets were reached. A couple of hours prior to publishing today`s analysis the pound continued towards the upside invalidating the main count and proving that wave 4 maroon has more to offer towards the upside. Main Hourly Count – …

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GBPUSD

GBPUSD 25th December, 2013

Today was a holiday for virtually all trading markets, so nothing has changed with our previous analysis. We’re reproducing it today as a reminder to prepare for when the markets re-open. And of course, we wish you a merry Christmas and a happy new year! Main Hourly Count – Invalidation Point: 1.6395 – Confirmation Point: …

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GBPUSD

GBPUSD 24th December, 2013

On Tuesday`s session the pound unfolded in a sideways manner leaving both main and alternate counts valid, we are updating both counts according to the latest price action and as always we will wait for either count`s confirmation point to be reached to determine the highly probable count. Main Hourly Count – Invalidation Point: 1.6395 …

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GBPUSD

GBPUSD 23rd December, 2013

On Monday`s session the pound unfolded in a tight range leaving both main and alternate counts valid, we are updating both counts according to the latest price action and as always we will let price action decide for us which count is the highly probable count. Main Hourly Count – Invalidation Point: 1.6486 – Confirmation …

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GBPUSD

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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GBPUSD

GBPUSD 19th December, 2013

On Thursday`s session the pound unfolded in a tight range and the main count`s confirmation point was reached and the specified targets are yet to be met. We are updating both count according to the latest price action with tight invalidation points and targets. Both counts have almost equal probabilities and we will wait for …

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GBPUSD

GBPUSD 18th December, 2013

On Wednesday`s session the main count`s confirmation point was not reached and the pound unfolded towards the upside confirming the alternate count and fell short of the specified target by 27 pips. We are updating the main count according to the latest price action and as well adding an alternate daily count which expects further …

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GBPUSD 17th December, 2013

On Tuesday`s session the pound unfolded towards the downside as expected and the pound -so far- fell short of the specified target by 26 pips  and today`s main count expects one last push towards the downside before reversing directions and moving towards the upside. We are updating the main count according to the latest price …

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