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Elliott Wave GBPUSD: Intra-Day Resistance Comes In At 1.5280-1.5300

Jul. 01, 2013 10:31 AM ET
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FX market did not move much in the last few hours, so structures are mostly unchanged. On GBPUSD we are tracking a corrective rally from the low which can be wave 4 shown as primary labeled count. Resistance for wave 4 comes in at 1.5280-1.5300, but based on ALT count we also need to keep an eye on 1.5475-current bearish bias would change only above that level.


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