GBPUSD Smallest Non Holiday Range in over 5 Years
240 Minute Bars
Prepared by Jamie Saettele, CMT
No change: “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 15650 15700 15728 15777
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