Cable unfolded downwards confirming the alternate count and -so far- Cable fell short of the first target by 9 pips.
Today`s main count expects Cable to unfold upwards in a corrective manner while the alternate count expects Cable to resume its downtrend immediately.
As always, we will wait for either count`s confirmation point to be reached to determine the highly probable count.
N.B.: My apologies for the delayed publishing of today`s analysis as I had problems with my internet connection.
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