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[QUOTE="riki143, post: 130352, member: 29499"] [B]GBP/USD: POUND DREAMS OF WAVES[/B] 06:13 20.06.2017 Recommendations: BUY 1,291 SL 1,2855 TP1 1,291 TP2 1,294, SELL 1,264 SL 1,2695 TP1 1,251, TP2 1,245. On the GBP/USD daily chart, there is consolidation in the trading range of 1.264 - 1.28. If quotes move beyond the upper border of the range, the Wolfe Waves pattern will be realized. In contrast, a break of the support at 1.264 should activate the AB = CD pattern with a target 200% (1.245). [IMG]https://fbs.com/img/articles/1702/1497940358-10fb15c77258a991b0028080a64fb42d_1200x1200_q90.png[/IMG] On the GBP/USD hourly chart, the Bears' failure to return quotes to the borders of the triangle will indicate their weakness. In contrast, a successful test of the resistance at 1.281 may result in the pullback of quotes towards 1.291 and 1.294. [IMG]https://fbs.com/img/articles/1702/1497940376-09dd8c2662b96ce14928333f055c5580_1200x1200_q90.png[/IMG] More: [URL]https://fbs.com/analytics/articles/gbp_usd%3a_pound_dreams_of_waves_1702[/URL] [/QUOTE]
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