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On the last trading day of the week GBP/USD tested the level 1.6250, after that it started an expected retrace from the correction level of 76.4%. So by this decline to 1.6230 the pound has made complicated the inner wave structure of the assumed 3rd wave (or c) which allows another attempt to test the correction level 76.4% (1.6225). At the same time the gained in the second half of Friday session dynamics of the pound price may facilitate its advance to the mark of the 66th figure (the local high of August 19).
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