LiteForex - Analytics

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    GBP/USD: wave analysis on 19.11.2015

    A growth is expected.

    Assumingly, a large Bearish correction within wave B of 2 has finished forming. Locally, a small correction as wave (ii) has finished, and the third wave (iii) of the junior level has started developing. If the assumption is correct and the price does not break down the critical level of 1.5180, the pair continues growing to 1.5420-1.5520.

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