Friday, December 21, 2012

GBP/USD 21 Dec 2012 - 4HR Chart

GBP/USD has entered the buy zone. I recommend that you buy at the current levels (1.6202), set the SL at 1.6135, TP should be around 1.6320 or higher.

Elliot Wave Count - What we are seeing now could be the wave 4 coming to end so we are trading wave 5.

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