LiteForex - Analytics

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    GBP/USD: wave analysis on 08.05.2015

    A bullish impetus within the first wave A and a huge upward corretion of the wave 2 continue to form. The fifth wave is currently developing, to all appearances. If this assumption is correct and the price does not break the critical level 1.5161, the pair will continue to rise to the levels of 1.5600-1.5700. 

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