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.
Sunday, January 24, 2010
Trend is now long
The trend for the next couple of weeks at least should be long. When it is over I expect it will end somewhere near 1.6700. I will post a chart later today to make my case.
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