tomj2417

GBPUSD - upside for Cable?

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Perhaps a little too optimistic for Sterling but the Pound has managed to break through a downward trend line today and this count reckons it's due a 5th wave so lets see how high it can go. My problem with the upside targets here are primarily that I also think that the US dollar has nearly completed 5 waves down and will be due a decent correction sooner rather than later. Confused? I am.
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