As we see in picture, below Pound almost is nothing to do. But, nevertheless, it does not mean that the situation cannot change. Or gathering of stops … Confirming to the remark on the possible termination of correction will not begin, we will result the chart with week time frame. Waves A and C are almost ideally equal on the size, level of correction (38,2) between a minimum 2001 and - is fulfilled 2007. If the further succession of events confirms an urgency of such picture correctional levels probably it is necessary to reconsider all wave marking of the trend originating in 2001
Operating levels for today:
R3 1.8685
R2 1.8590
R1 1.8480
P 1.8380
S1 1.8270
S2 1.8170
S3 1.8060
Especially risky traders, can open a short position in a direction designated to the chart of the purposes, but taking into account operating levels for today. Stop, not above 1,8495.