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    GBP/USD: wave analysis on 26.02.2016

    A downward trend is strong.

    Assumingly, a Bearish impulse within the third wave of the senior level continues developing. At present, the fifth wave of the junior level seems to be developing within which an extension in the third wave (iii) is developing. If the assumption is correct, the pair continues falling to 1.3950-1.3850.


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