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    GBP/USD: wave analysis on 28.05.2015

    Supposedly, a bearish correction has finished within the zigzag-shaped wave B that has reached a correction level of 38%. Currently, there's no confirmation that the wave с of B is completed, and the pair may continue declining to the next level of 50% (1.5200). A breakout at a level of 1.5435 will confirm the completion of the third wave of the zigzag while consolidation above will allow the pair to continue growing to the levels of 1.5700–1.5800.  

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