Quick Update on GBP/USD

Sid Norris
 In Blog, GBP/USD

Here’s a quick update on the GBP/USD currency pair. Click on the chart twice to enlarge.

It looks like cable is carving out an expanded flat for wave 2 green, which will delay the resumption of strong downward movement for a couple of days. Explanations and invalidation points are on the chart.

Sid

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