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GBP/USD: wave analysis on 08.01.2016

The pair is likely to grow.

Assumingly, a Bearish correction within wave B of the senior level has formed. At present, abc zigzag within the last fifth wave (v) of a diagonal in wave c of B seems to have finished. If the assumption is correct and the price does not break down the critical level of 1.4530, the pair is expected to grow to 1.4942.


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