By Ramki Ramakrishnan (Guest Post)
The Medium Term Outlook for the GBP/USD using Elliott Wave analysis is best figured out by starting your query from the longer term chart. A clear five wave decline from 2007 ended in 2009. That decline is being corrected in a 3 wave pattern, ABC. We seem to be in Wave C at the moment, and it will be invaluable information to the trader/investor/corporate treasurer to know in advance where wave C might end, and what will happen then. The three charts presented here show you the way. I have tentatively posted my expectation for the move to finish at…
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