GBPUSD

Bearish Outlook :

The Cable’s bearish stance is still in place, the Monday’s intraday low (below 1.5027 (Nov. 6)) could raise confidence on 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

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