This blog is dedicated to my analysis of the GBPUSD currency pair. My primary analysis tool is Elliott wave theory in combination with a proprietary moving average (Jurik JMA) and a custom MACD setting. I make updates as warranted.
IMPORTANT NOTE: I use a dot in front of the number or letter to denote the character is in a circle, per correct wave notation.
Thursday, January 14, 2010
Just a bt further long
Check out the attached chart. The push long should go just a bit longer i think 1.6350 to 1.6400 is a likely stopping zone. I favor closer to 1.6400. Then the multi day short should resume.
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