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    GBP/USD: wave analysis on 01.07.2015

    The upward trend is strong, but there is a local correction of the pair.

    Supposedly, the development of wave C of 2 within a bull correction of the senior level continues. At the moment, the first wave i of C has probably finished forming, and the local correction in a form of the second wave ii of C is developing. If the assumption is correct, after correction is completed the pair continues growing towards 1.6400. 

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