GBPUSD

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GBPUSD

GBPUSD 6th November, 2013

On Wednesday`s session the pound unfolded towards the upside and the confirmation point was not reached. We are updating the main count according to the latest price action and as well adding an alternate count which expects further upwards movement from the pound on Thursday`s session. Main Hourly Count – Invalidation Point: 1.6247 – Confirmation …

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GBPUSD

GBPUSD 5th November, 2013

On Tuesday`s session the pound drifted towards the upside confirming the alternate count and both specified targets were reached and exceeded. We are updating the main count according to the latest price action and as well adding an alternate count which expects the pound to unfold towards the downside in a corrective manner. Main Hourly …

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GBPUSD

GBPUSD 4th November, 2013

On Monday`s session the pound unfolded towards the upside as expected and the pound fell short of the specified target by 1 pip before reversing directions and moving towards the downside. The choppy corrective movement is expected to remain in effect today as it is needed for the completion of the fourth micro degree wave …

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GBPUSD

GBPUSD 1st November, 2013

On Friday`s session the pound unfolded towards the downside and the downwards movement was in an impulsive manner, therefore we are modifying the subdivisions within wave (iii) green to provide the best fit. Main Hourly Count – Invalidation Point: 1.6120 — 1.5903 – Confirmation Point: 1.5940 – Upwards Target : 1.5984 — 1.6034 – Wave …

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GBPUSD

GBPUSD 31st October, 2013

On Thursday`s session the pound unfolded towards the upside as expected and the first specified target was reached and exceeded by 15 pips before moving in a sideways manner. We are updating both main and alternate counts according to the latest price action. The difference between both main and alternate counts is within the subdivisions …

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