$GBPCHF (6.10.2013)

Pair has completed a cycle from 1.4814 with dip to 1.4400 and a recovery toward 1.4650 – 1.4700 region is now expected. 1st leg of the correction is nearing completion which should result in a pullback in the pair. As pair finds support in the region of 1.4450 – 1.4480, expect another leg higher as shown on the chart.

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