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    GBP/USD: wave analysis on 18.05.2015

    The British Pound continues to appreciate. The fifth wave of junior level (v) of v of A has finished by now and the wave A has reached a level of 1.5816. If the price does not break the critical level of 1.5816, it's logical to expect the pair to fall to the levels of 1.5500–1.5300.


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