GBPUSD

Unfolding the Expanded flat (abc) of Wave 2 should end at least below extension 1.236 of wave (a) — $1.3232.

Wave 2 in Cycle iii could end at 1.2634—1.2459 area, before the end of 2018. After that we should see turning up to new Wave (3) in Cycle iii.

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3 waves up with target above 1.4950 before ending the 4th swing.

Trade closed: target reached

Waiting one more push down towards $1.26 and looking for buy.

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Looking for buy at 1.2631

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Still on the track of impulsive structure of the wave C. After the end of swing 8 (correction), should see one more swing down towards the end of wave (2). Target is 1.16—1.17 at least.

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One more swing down, awaiting for divergence

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Should see divergence here

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Keep going

Gorbie

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GBP USD

by Gorbie

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