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November 19, 2018

One of the most intriguing technical analysis theories, Elliott Waves traces its roots in the first half of the 20th century. Ralph Elliott built a complex trading theory on the assumption that the stock market is the sum of human emotions like optimism and pessimism, fear and greed. He ...

GBP/USD failed to gain pace above 1.3060-70 and declined recently below the 1.2950 support. EUR/GBP traded higher recently and it is currently well supported above the 0.8820 level. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined below the 1.3000 and 1.2950 support ...