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British Pound. Week Ahead Preview
At the beginning of the new
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At the beginning of the new week, the British pound has also shown signs of recovery, but it is unclear how long this will last. I mentioned that the euro and pound exhibit a high level of correlation; therefore, despite some differences in wave structure, they are likely to move in similar directions in the near future. Consequently, the European currency has formed a full five-wave downward structure, while the British pound may limit itself to a three-wave structure. If
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Chin Zhao,
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