2019-12-19

GBP vs USD UPDATE

IN THE NA,E OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE ADVANCE FROM 1.1959 TO 1.3515 SEEMS TO COMPLETE 5 WAVES AS THE FIRST WAVE ON MINOR DEGREE, WE WOULD SEE A DECLINE BELOW 1.2901 TO LEND CREDENCE TO THE ONGOING MINOR WAVE 2 WHICH HEADED DWON TO 1.3012-1.2769 AREA AT LEAST. IN SOME CASES PRICE MIGHT MOVE DOWN INTO THE AREA OF SECOND WAVE OF LESSER DEGREE AT 1.2582
ALTERNATE COUNT: ASSUMES, THAT THE SUBMINUTTE WAVE 2(ORANGE) OF MINUTTE WAVE 5(VIOLET) IS UNDERWAY
THIS COUNT WOULD BE INVALIDATED BY MOVEMENT BELOW 1.2901