GBPUSD Range is Tightest Since July Top
Prepared by Jamie Saettele, CMT
15800 and 15900 remain levels of interest but I want bring attention to another possibility. That is, wave 2 may be complete with a possible truncation. The implications would be for a sharp decline from below 15777. It makes sense to keep this count handy given bearish implications from the EURUSD pattern (3 waves up, even if part of a larger correction).
LEVELS: 15577 15609 15656 15717 15777 15800