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GBPUSD Possible Elliott Wave Interpretation

British Pound / U.S. Dollar (FX:GBPUSD)  
Trend_Analyst  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Elliott Wave GBPUSD Fibonacci Retracement
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trendanalysis chartpattern waveanalysis elliottwaves gbpusd fibonacciretracement
GBPUSD is currently working an A-B-C zigzag for blue wave 2. Looking for one more leg higher to complete wave (e) of B before pushing lower for wave C.

Target for wave C is 1.25500, The 61.8% Fibonacci retracement of blue wave 1 is at 1.25463. This is the most common level for the termination of wave 2.

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