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GBPUSD--Thursday, April 2, 2009

Possible target for GBPUSD 1.5176.

A three wave move, with an irregular intermediate wave.

090402-1544-gbp4hr.gif
090402-1544-gbp4hr-b.gif

In the interest of pretty chart drawing... the (c) of the irregular B wave played out a nice impulsive move that ended at the 4.236 delta Fibonacci extension.
090402-1544-gbp4hr-a.gif

Posted by Pure Guesswork on April 2, 2009 4:26 PM |

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