GBPUSD – Bullish Outside Month to limit selling

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Monthly: For the last eight months we have seen spikes in both directions highlighting indecision. January posted a DeMark Perfected 9 count, indicating that we should see a correction to the upside. Price cation formed a Bullish Outside Month, often an indication that the bearish trend has come to an end. Weekly: A 5-wave pattern was completed at 1.4377 (Elliott Wave). Levels close to the ...

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