GBP/USD ; CORECTION WAVE

corectionwave

 

S1  1.48671                          R1 1.55840          Current rate –1.4915   –0.0161(-1.07%)

GBP/USD is headed lower, then it probably heads lower now (underside of recent support line).” GBP/USD headed lower and begins December at support from a parallel. A bigger rebound is possible at this level but would watch for resistance near 1.5170.

 

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