In the next three weeks, our expectations are for the British Pound to bounce back.. The pair made lower low by breaking the bottom, but on a weekly time-frame, we're predicting the close price will be above January's low. By Elliot waves we are definitely in impulse last phase of a trend. Timing and cycles show the end of the trend is near. The signal is powerful without intention for a range ahead, waiting for a trend impulse. High risk-reward ratios with 7 precondition factors for the entry.
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