Wait | 06 January 2023

06 January 2023, GBP/USD

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Wave Analysis

The GBUSD is correcting nicely to the downside, and I expect it to complete the corrective three-wave pattern. The market has already broken through the bottom of the minor corrective wave a. If you are already on a sell trade, I would recommend setting your take profit at 1.17410 and your stop loss at 1.20858.

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Bob Stan
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