Sunday, October 7, 2007

SPECIAL UPDATES: GBP/USD

Weekly Chart

From 2000, Cable started to gain momentum against its USD counterparts. We can see Cable are currently in the wave (iii) of the larger Wave [ III ].


4 Hours Chart

At 4-Hours Chart, the pair look synchronized with the weekly one. Currently, the pair rests at 2.0420 area. Cable are currently forming the 3rd Wave Extension, and has one final wave to complete the wave (iii) of Wave [ III ]. After the completion of the 3rd Wave, we can predict the possible retracement using Fibonacci.

*Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.


THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.


To Our Success,

Elite Bisnes Team





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