GBP TREND WILL RISE

24 Apr 2014

Look at this picture, I think GBP is in great wave 3 stage, specific to say, GBP is in the corrective wave(5) of wave 3. This is an expanding triangle. Although BOE meeting notes is dovish, British economic indicators are on the rise. In the 4H picture, there is a symmetric diagonal triangle in corrective wave(ii) of wave(5) . wave(iii) of wave(5) is coming now Take account of what I mentioned in the past two days, I confidently think that GBP will raise dramatically in two days. (Now I still insist that UXY is in the e stage. It is a poof sported my view that New homes sales drop quickly. See my ideas to know further information.)