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GBPUSD: WAVE ANALYSIS FOR MAY 18, 2015

Rexor Investments

Posted on May 18, 2015 09:42

Scenario:



Recommendation: (Sell) Supports Level:

Entry Level: 1.5725 S1 1.5683

Take Profit: 1.5639 S2 1.5639

Stop Loss: 1.5750 S3 1.5576

Alternative Scenario:

Recommendation: (Buy) Resistance Level:

Entry Level: 1.5775 R1 1.5790

Take Profit: 1.5895 R2 1.5853

Stop Loss: 1.5750 R3 1.5897

Source: https://rinvestments.com/forex-forecast/gbpusd-wave-analysis-for-may-18-2015.html
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