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Reversal is expected

18 January 2016, GBP/USD

As for this pair, if reversal did not happen, then it is quite close to implementation.

We assumed that by now the wave v of [c] of (y) of a Double Zigzag has been formed.

So, if this assumption is correct, in the near future we will expect reversal and beginning of growth of the pair.

Based on these expectations, I opened a Buy transaction

Reversal is expected

Vasiliy Lukin
FreshForex Analyst
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