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    GBP/USD: wave analysis on 12.06.2015

    Presumably, the first wave in the wave С of 2 of the senior level is still developing. At the moment, it seems that the third wave of the junior level (iii) of I is nearing completion. If this assumption is correct after the local correction the pair is likely to rise to 1.5700 in the first wave of the senior level i of C. Critical level for this scenario is 1.5250.

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