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After a large bear trend from July 2014, with 4 impulse waves, there was consolidation between 1.277-1.2 . This was the longest correction wave. The breakout from the trend line on 17/4/2017 and the triple bottom is textbook reversal signs. GBPUSD has now shown higher highs and higher lows twice, so I would get long for another wave up. Using cyclic lines, it...
Today South Korea's Constitutional Court removed President Park Geun-hye from office over a graft scandal involving the country's conglomerates. Park becomes South Korea's first democratically elected leader to be forced from office, capping months of paralysis and turmoil over a corruption scandal that also landed the head of the Samsung conglomerate in jail....