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British Pound Fail at Resistance: Attempt to Form Bases

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04-16-08, 07:24 PM

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British Pound Fail at Resistance: Attempt to Form Bases

GBPCHF: There are 5 waves down from the October high at 2.4205. This may comprise wave 3 of what turns out to be a 5 wave drop from 2.4963. Under this count, a 4th wave is underway now and could test the 38.2% of 2.4205-1.9421 at 2.1249. This intersects with...

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