GBPUSD is expected to increase further...

OANDA:GBPUSD   British Pound / U.S. Dollar
The exchange rate is designed to build a dual wave structure. The exchange rate of 12 and 34 wave structures can also be interpreted as an ABC correction wave structure. If the theory is correct then the target price of the rising wave structure 45 is 1.3307 levels. Support and resistance locations can be provided by the ATR axes of the exchange rate.


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