GBPUSD

Bearish Outlook :

The Cable’s bearish stance is in place, so that a decline below 1.5027 (Nov. 6) will confirm this bearish count.

The Minuette-degree wave (iii) has potential to decline through 1.4576, where it will achieve the 1.618 times the length of the same-degree wave (i).

GBPUSD - Daily

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s