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, February 21, 2010
Last push short
I think price will trace up to about 1.5510 and then below 1.5351 and perhaps as low as 1.5260. That is my trade for the night
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