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GBP/USD: wave analysis on 03.03.2015

Supposedly, local bearish correction continues to be forming in a form of wave b that is shaped like an irregular flat surface. The wave (c) is forming currently. An impetus to the levels 1.5300-1.5200 may develop within its borders. If this assumption is correct and the price does not break the critical level 1.5460, the pair will continue to decline.

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