jueves, 1 de noviembre de 2012

POUND MUST COMPLETE THE TRIANGLE

Pound hit our first target. Now next target is 1.6002 or the correction is done.

GBP/USD 15MIN CHART

Everybody know the big triangle that pound dollar has been performing for years and now near to complete it.


GBP/USD DAILY CHART

With the move today I understood that the GBP is still correcting before go to 1.64/65 and it is a FLAT. To end the FLAT must go at least to 1.6040 or lower, and this is a good correlation with other dollar pairs. In some way the dollar will get strong tomorrow. And maybe after USA election rush up to complete the triangle.


GBP/USD 15MIN CHART

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