FOREX EDUCATION AND ANALYSIS: (VIDEO) GBP/USD: How Elliott Wave Patterns Predicted Recent Drop Under 1.60

Tuesday, November 13, 2012

(VIDEO) GBP/USD: How Elliott Wave Patterns Predicted Recent Drop Under 1.60

A great 6-minute video lesson in Elliott wave analysis of forex markets

November 08, 2012

By Elliott Wave International

Every Friday, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video update for his subscribers. Each video delivers a real-life lesson on Elliott wave application to forex markets.

Watch this 6-minute video Jim recorded on October 12. Jim called for cable (GBP/USD) to drop below 1.60 in wave 5 of the developing Elliott wave sequence.

Ten days later, on October 23, GBP/USD fell as low as 1.5925.

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